Full cenvat credit availed on short receipt of material (hot
This query is : Resolved
01 October 2011
I want to know that if I received the billed quantity short 500 kgs from my supplier out of 5000 kgs. In this case I have availed full cenvat credit. And now I want to raise a differential invoice to my supplier in the end of the month.
Is there any section/provision in excise act related to that??
Is there any section/provision in excise act related to that??
01 October 2011
you had to make a reverse entry immediate after credit entry, for short receipt of goods.
you are not eligible to avail credit on goods which are not actually received.
you are not eligible to avail credit on goods which are not actually received.
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