Rerun Material accounting

This query is : Resolved 

07 March 2009 Plase give me suggestion on below matter

our sales material are return to company we lies in our record as Rejection Material & after some day we aend this material to another party in part consignment, but i have confusion regarding that how we again charge duty in part as well as what is correct effect on Rg-1 when it is reprocess

10 March 2009 after repairing you can send material to any party in part or in full, as the material is reprocessed hence there is no need to enter it in DSA/ RG1 while clearing.
you can treat the rejected goods as raw material and can avail the credit on that and after reprocess agian clear it on excise. the effect of such that you have to pay duty one time only.

Nilesh Ksagar



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries