17 November 2010
Dear Expert If goods produced and dispatched and excise duty calculated there on , what will be the treatment of excise duty when some of the goods returned after a period say one months , either excise liability will be reduced by that invoice 's excise duty , if yes within what period . Thanks
17 November 2010
reverse the credit in the month of goods returned
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 November 2010
Thanks Mr.Shivang , If goods is sold in the months of October and returned in the months of novemebr than that reverse will be applicable or not Further what will be treatment if goods being rejected on account of non conformity of standard of the product