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about the sale of raw material

MEHUL ASHAR

Respected Sir,

                       What is the way to sale raw material which are purchased through a commercial invoice in excise or we have to  make an excisable invoice or a commercial invoice.

Clarification on Raw Material Sales: Reverse CENVAT Credit and Use Invoice per Rule 11 of Central Excise Rules, 2002. A query was raised regarding the sale of raw materials purchased via a commercial invoice and whether an excisable invoice or a commercial invoice is necessary for such transactions under central excise regulations. The response clarified that if the material is being removed as is, there is a requirement to reverse the equivalent CENVAT credit. Consequently, the material should be removed on an invoice in accordance with Rule 11 of the Central Excise Rules, 2002. (AI Summary)
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