Please Help: CENVAT credit
Posted Date : 02-Dec-2015 , 09:55:21 am | Posted By Ravendra kumar
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)
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)
Category : Excise | Answers : 0 | Comments : 1 | Hits : 364
Answers
Comments
AJAY MOURYA
03-Dec-2015 , 11:28:22 amFACTS : 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.