Sales return - cenvat credit

[venkat eswaran]

Sir,

is there any time limit for taking cenvat credit [ reversal of duty pmt]  for Sales return goods?  In case he is trader or not excise registered dealer on what document basis we can rerverse the excise duty?

kinly help me on this

venkateswaran

AI Summary

No specific time limit for CENVAT credit on sales return goods under Rule 16; traders can pass it on. A participant inquired about the time limit for taking CENVAT credit on sales return goods, particularly for traders or non-excise registered dealers. Respondents clarified that no specific time limit is prescribed under Rule 16 of the Central Excise Rules, 2002. Traders do not directly avail CENVAT credit but can pass it on. Credit can be taken before reprocessed goods are cleared, using the original duty-paid document or if goods are returned in their original condition with the original invoice.