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Q. > Please Help: CENVAT credit
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400 views • Question added Dec 02, 2015 • Excise • By Ravendra kumar , Delhi


My company sold finished goods to customer who is not registered with excise deptt. after 3 month he rejected our material.
My Question:
Weather we can reverse CENVAT?
Facts: 1) 100% material rejected.
2) Meaterial not Return.(Destroyed by costomer)
3) Debit not issued by Customer. (100% reverse entry)

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AJAY MOURYA

03-Dec-2015 , 11:28:22 am

FACTS : 1st Case): Cenvat to be taken as input. Reverse Cenvat is not right to say. 2nd Case): Cenvat not to be reversed in our books. 3rd Case): Cenvat not to be reversed in our books.

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