Sir,
I am a Excise dealer and sold material through excise invoice (First stage dealer), Now my part material is rejected by customer (he is also dealer) and he will return the material (part material).
In this stage how can he return the material. (we dont want second stage dealer invoice from him)
Please suggest
Excise Dealer Debates Partial Material Return Handling Without Second-Stage Invoice; Discusses Credit Reclaim and Compliance. An excise dealer seeks advice on handling a partial material return from a customer, who is also a dealer, without issuing a second-stage dealer invoice. One response suggests reselling the goods under a fresh invoice by approaching the Range Superintendent with original documents for cancellation and reissuance. Another advises that intimation to the Range Officer and proper accounting are sufficient. It is debated whether credit can be reclaimed under current rules, with some suggesting that credit reversal equals not taking credit. The discussion emphasizes proper stock accounting and compliance with procedures to avoid financial loss or legal issues. (AI Summary)