excise duty of sales return

This query is : Resolved 

06 May 2011 we are manufacturer. we sold 2000qty to Customer(manufcature) in april 2011, they returned 1985qty to us on april 2011, can I take cenvat credit for retuned value?
Please advice me the above issue.

07 May 2011 ask your buyer to raise a invoice for said qty in favour of you or get the credit not extracting the excise duty on it



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries