Excise duty reversal
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2015
when we making sale of excisable machinery we paid duty on that item when it was returned by customer is it possible for reversal of this paid duty
how ever if we did not take reversal excise duty on that returned item and we made sale to another customer is it mandatory to collect excise duty against
pls help me to understand
how ever if we did not take reversal excise duty on that returned item and we made sale to another customer is it mandatory to collect excise duty against
pls help me to understand
04 November 2015
If you have taken the cenvat credit then you need to reversal of credit otherwise no need to reversal of credit. You can sale the goods to any person.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST Regis.
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
