Purchase Return

This query is : Resolved

Sachin Sabale (Querist)
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10 February 2009 We have purchased some Excisable material on 05.05.2008, also we have taken all the benefit as per Excise Act.. Now we have decided on 31.01.2009 to return the material to supplier as it is. So by which way should we return the material to supplier so that he can take a benefit of Excise?

Plz guide us how should we go ahead?

nilesh kshirsagar

nilesh kshirsagar (Expert)
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15 February 2009 on your own invoice you can remove the materiaL To the supplier by giving the remark on the invoice i.e material return as such as per rule 3(5) of cenvat credit rules

Nilesh K-sagar

K-sagar Management