TaxTMI 
TaxTMI 
Dear all,
One of the sales invoice return by party along with original documents (Invoice date and returned in same month i.e May 2015). Kindly advise how to shown this transaction in ER1.
Regards
M.RamKumar
Excise Sales Return in same month
01 Jun 2015 
1 Reply 
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CENVAT credit on returned duty paid goods can be availed based on original documents and noted in ER 1.
Returned duty paid goods should be stored separately, recorded in a distinct register and may be indicated in ER 1 remarks. CENVAT credit can be availed on the basis of original documents under Rule 16, which allows credit as if goods were received as inputs, subject to payment obligations where processes do not amount to manufacture and to the conditions and retrospective provisos inserted into the rule. (AI Summary)
Returned duty paid goods should be stored separately, recorded in a distinct register and may be indicated in ER 1 remarks. CENVAT credit can be availed on the basis of original documents under Rule 16, which allows credit as if goods were received as inputs, subject to payment obligations where processes do not amount to manufacture and to the conditions and retrospective provisos inserted into the rule. (AI Summary)