Sale return effect in rg1 register
This query is : Open
24 June 2013
Dear All,
we are Stock transferring a product to our unit in different state on 'F' Form.
That Plant transfer some rejected qty on excise invoice, then we do rework and send back on excise invoice.
I want to know what kind of documentation we need to record regarding excise purpose. and Should this rejected qty reflect RG 1 register.
Can i remove the rework Qty on 'Remove as such basis' without effecting RG1 register.
Please Suggest.
Regards:
Prateek jain
we are Stock transferring a product to our unit in different state on 'F' Form.
That Plant transfer some rejected qty on excise invoice, then we do rework and send back on excise invoice.
I want to know what kind of documentation we need to record regarding excise purpose. and Should this rejected qty reflect RG 1 register.
Can i remove the rework Qty on 'Remove as such basis' without effecting RG1 register.
Please Suggest.
Regards:
Prateek jain
25 June 2013
goods will be removed on challan after rework you can remove the goods to buyer and no need to put the quantity and value in RG-1 again.
27 June 2013
Thanks Arun,
The buyer is sending goods on proper excise invoice and we are taken credit of that,so reworked good shall be removed on excise invoice only.
My concern was only about entry in RG-1 register, and on which section of excise act these goods are removed.
Should we need to maintain separate register for this type of transaction,as this could be regular transaction for our unit.
Please suggest.
The buyer is sending goods on proper excise invoice and we are taken credit of that,so reworked good shall be removed on excise invoice only.
My concern was only about entry in RG-1 register, and on which section of excise act these goods are removed.
Should we need to maintain separate register for this type of transaction,as this could be regular transaction for our unit.
Please suggest.
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