The 57F4 challans sent for job work have not been received within 180 days. The duty has been debited. whether we can reverse the duty credit on receipt of duplicate challans only or on original challans also.
57F4 challans
Baba Bhusad
Clarification on CENVAT Credit Use for 57F4 Challans in Job Work Beyond 180 Days: Duty and Compliance Issues Discussed In a discussion forum about Central Excise, a query was raised regarding 57F4 challans sent for job work that were not returned within 180 days, resulting in duty being debited. One response clarified that CENVAT credit can be availed on any copy of the challan after receiving the material and the job worker's invoice. Another response questioned whether excise duty is applicable if both goods and challans are received within 180 days. A third response requested the 57F4 challan format and job work declaration. (AI Summary)
TaxTMI
TaxTMI