Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Rejection of material

SATVEER (executive) (137 Points)

02 March 2013

DEAR SIR,

PLEASE LET ME KNOW COMPLETE PROCUDURE OF MATERAIL RECIEVED AFTER REJECTION, WITH NOTIFICATION

Reply
Follow
Share

4 Replies

Arun Kumar Singh (GST Advocate) (15220 Points)
Replied 05 March 2013

You can take the cenvat credit on return goods as an input.

Upgrade to CAclubindia Pro. Subscribe Now!

kumar hattanna (Officer - Excise) (525 Points)
Replied 31 July 2013

Dear Arunkumar Sir,

I have a One Question with you,

1. If rejected materials are returned back and full Input credit has taken, in such case

a) If same material can be sold to someone else and

b) if rejected material nowhere we can use futhere we put in to scrap,

What is procedure in above cases

Thanks & Regards

Kumar

ankit (Prop) (21 Points)
Replied 31 July 2013

Dear Sir,

I am a dealerof a company,some material is been rejected from our side,as the same cevat has been passed on please let me how to fill E-return of the purchase return

Arun Kumar Singh (GST Advocate) (15220 Points)
Replied 31 July 2013

Dear Hattanna,

You can take the cenvat credit on return goods. If returned goods will sale to any other buyer after repair then excise duty will be payable. If returned goods will be scrap then also duty will be payable on transaction value.