TaxTMI 
TaxTMI 
A manufacturer cleared a jewellery set on 05.03.2016 on payment of Central Excise Duty @ 1%. However, on 18.03.2016, the same is returned back by the customer.
Now, can I adjust the 1% central Excise duty already paid on jewellery subsequent sales?
Whether Adjustment of Central Excise Duty paid @1% can be done if the jewellery is returned
19 Mar 2016 
2 Replies 
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Adjustment of excise duty depends on applicability of Rule 16 of Central Excise Rules for returned jewellery.
Adjustment of excise duty on returned jewellery depends on the returns framework in the Central Excise Rules: the applicable sub rule is determined by the factual ground for return, and that sub rule prescribes whether duty may be refunded, credited, or otherwise adjusted subject to its documentary and procedural prerequisites. (AI Summary)
Adjustment of excise duty on returned jewellery depends on the returns framework in the Central Excise Rules: the applicable sub rule is determined by the factual ground for return, and that sub rule prescribes whether duty may be refunded, credited, or otherwise adjusted subject to its documentary and procedural prerequisites. (AI Summary)