Excise refund on Purchase return(rejection)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 February 2011
Sir,
We purchased 100pcs of any excisable part(for example- connectors) from M/s ABC co. We have paid the Excise Duty as applied in the Supplier's Invoice. Now partial quantity of the connector (for ex-50pcs) got rejected.
Will you please guide me what is the procedure to return the rejected part as per Excise Rules. What are the Documents we should raise for this.
We purchased 100pcs of any excisable part(for example- connectors) from M/s ABC co. We have paid the Excise Duty as applied in the Supplier's Invoice. Now partial quantity of the connector (for ex-50pcs) got rejected.
Will you please guide me what is the procedure to return the rejected part as per Excise Rules. What are the Documents we should raise for this.
14 February 2011
The rejected quantity shall be returned to the vendor on an invoice on which proportionate credit taken shall be reversed.
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