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Input clear as such

Alkesh Trivedi (Service) (70 Points)

24 September 2015

Please suggest exise duty reversal procedure for input material (Packing Material / Raw Material ) distroy.

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3 Replies

Niraj Kumar Sinha (Sr. Officer, SPSIL) (648 Points)
Replied 25 September 2015

Please see Rule 21 of Central Excise Rules 2002.

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Alkesh Trivedi (Service) (70 Points)
Replied 26 September 2015

Sir, As i understand Rule 21 is about remmission of excise duty but i wish to know which excise procedure is correct for Input material distroyed with paying excise duty, i mean...is required to excise invoice prepare ? and intimation to excise office is required ? or we can reverse the excise duty reverse with intimation only?

NITIN SAKPAL (Sr Executive - Indirect Taxation) (145 Points)
Replied 26 September 2015

Intimate excise office with details of input material you wish to destroy, wait for their inspection / verification if they wish to. Reverse proper excise duty from RG23A part II.