Cenvat Credit on Returned Goods

[Gopal B]

Dear Experts,

We supplied material to C&F agent on excise invoice. The Agent returned few products on his invoice showing total value of the products,without showing Excise duty. The returned goods have a resale value. So, How can I take Credit on returned goods. Pls advise.

ThanQ

AI Summary

Claiming Cenvat Credit on Returned Goods: Guidance Under Rule 16 of Central Excise Rules, 2002 A query was raised regarding the procedure for claiming Cenvat Credit on goods returned by a C&F agent. The agent returned the products without indicating excise duty on the invoice, although the goods have resale value. One expert advised that credit can be taken using the triplicate copy of the invoice retained as the office copy. Another expert referred to Rule 16 of the Central Excise Rules, 2002, confirming that credit can indeed be claimed under these circumstances.