excise credit on goods returned after one year

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I want to confirm that should i reverse the credit on goods purchased before one year and returned back

Replies (2)

Pl. say your question in detail...

when you purchase return then revers Duty credit taken at the time of purchase. clearly mention in your sales invoice rejected goods return under rule 16 of central excise. also give purchase detail like Bill no. and date of principle. 


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