Dear Sir, Can anybody help me on goods return treatment in Excisable goods?
We sold the goods tax lavied, but the party refuse to accept the goods, what treatment we made at this point?
Please reply soon i will be thankful to you.
Menu
Treatment of goods return
Replies (1)
As per rule 16 of CER, you can consider such returned goods as inputs and avail cenvat credit on the same just like any other inputs on the basis of invoice from the person who has returned or on the basis of your invoice. Refer rule 16
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
