Invoice cancellation after monthly submission

[akhileshwar Kashyap]

If a manufacturing unit sends a material against excise invocie & utilization is also done as well as RG1 filed. after one month if invoice cancelation is reqd due to any reason, does that have any effect on past registers or we should continue as general practice!!

AI Summary

Manufacturing Unit Can Reclaim Excise Credit on Rejected Material Under Rule 16, Central Excise Rules 2002. A manufacturing unit inquired about the effects of canceling an excise invoice a month after submission when the material has been utilized and RG1 filed. The response indicated that cancellation after duty payment is challenging. However, the consignment can be recalled under Rule 16 of the Central Excise Rules 2002 as rejected material, allowing the unit to take credit on the same invoices and reissue them for sale.