We had cleared goods to our customer who is not registered under C. Excise Act on payment of excise duty. The same customer want to do partial goods return to us.
Since he is not registered under C. Excise how he will pass on partial Excise duty on returned goods unable us to take credit on returned goods.
Businesses Can Claim Cenvat Credit on Returned Goods Using Triplicate Invoice, Per Rule 16 of CENVAT Credit Rules, 2002. A business inquired about claiming Cenvat Credit on goods returned by a customer who is not registered under the Central Excise Act. The customer returned goods partially, raising concerns about passing on excise duty. An expert advised that the business could claim credit using the triplicate invoice and should keep documentation of the return. Another expert confirmed this, emphasizing the need to maintain records in accordance with Rule 16 of the CENVAT Credit Rules, 2002, and to inform the department about the returned goods. Both responses suggest consulting further if the department challenges the credit claim. (AI Summary)