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Reversal of excise on passing debit note

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05 May 2012 A company has passed a debit note to another company for short quantity received. So my Question is whether Excise should be reversed in this debit note for Quantity of goods not received?

06 May 2012 No Excise reversal necessary if credit availed on actual qty received.

11 May 2012 Thanks Mr. S.P.Mahanta.....
I would be gratefull if u can explain this more in detail..
In some cases it is to be reversed. which are those cases can anyone tell me please....?




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