TaxTMI 
TaxTMI 
Dear Expert,
We have returnback Cenvatable Finished goods from our ware house after one year.
Material Sent to warehouse Feb 15 and Returnback July 16.Please advice we can take cenvat credit or not .
Akhilesh
Return goods received after on Year Cenvat credit taken or not
29 Jul 2016 
10 Replies 
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Cenvat credit admissibility for returned finished goods remains available subject to invoice date limits and documentary compliance.
Cenvat credit on finished goods returned from a warehouse is generally admissible because the rule governing return of goods does not prescribe a time limit, and returns from a stock transfer/warehouse are treated as returns of excisable goods. However, a separate one year limitation measured from the date of the relevant document (invoice or other recognised document evidencing the return) determines the period for claiming credit, and debit notes and Form F compliance are treated as acceptable documentary and reconciliation mechanisms. (AI Summary)
Cenvat credit on finished goods returned from a warehouse is generally admissible because the rule governing return of goods does not prescribe a time limit, and returns from a stock transfer/warehouse are treated as returns of excisable goods. However, a separate one year limitation measured from the date of the relevant document (invoice or other recognised document evidencing the return) determines the period for claiming credit, and debit notes and Form F compliance are treated as acceptable documentary and reconciliation mechanisms. (AI Summary)