Cenvat input on rejected material

X Ltd. had sold the goods to Y Ltd. in Uttarkhand by Charging the Excise duty.. However Y Ltd. is not availing the Cenvat credit & utilising exemption under notification 50/2003 for Excise duty. But unfortunately Y Ltd rejected the material on D.C...

 

The quastion is that, how X Ltd. can avail the Cenvat Input on rejected material by Y ltd on D.C.? ( Yltd has not prepared Sales Invoice)

What will be required Supporting Documants? & necessary action to be taken?

Replies (1)

Dear no problem. Y Ltd will send the rejected materials to X Ltd with a rejection note and along with the excise Invoice which was given by X Ltd.Besides that LR copy must be attached there if  necessary. The rest Qty  will be reced by X Ltd and will take proportionate CENVAT Credit  on the strength of excie Invoice.

Thnx

A. Mukherjee

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details