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Comments
Bhavya
28-May-2014 , 10:15:14 amThis is Purchase returns. this you can use it for utilising the Input. Ask your customer to raise thePurchase returns Invoice " Goods removed as such". based on the DUplicate for Transporter copy . you can claim the Input. Rule 16 of Cenvat Credit on sales returns Basic Conditions As per Rule 16,Cenvat Credit Rules 2004 1. Goods should enter to the Premises of Manufacturer 2. Received goods should be accompanied by duty paying document as per Rule 16(1)i.e. Original & Duplicate Copy of Invoice 3. 16(2) Goods should be returned in the same conditions without any alternation/Modification/repairs/reconditioning 4. If goods sent to Job work & returned as sales returns time limit only 180days
Bhavya
28-May-2014 , 10:15:56 amyou can show the same in ANx-10 and take the input credit