sir,
we have factory and registered office at chennai and having branch at Delhi. We sold goods one of our customer at Utter pradesh. Matl has been rejected and returned to our Delhi office. All stocks at lying at our delhi offic now.
My question is can i reverse the Excise duty & CST paid for the rejected itmes here at chennai. Delhi office not dealing excise registered only Delhi VAT. Since excise duty and CST paid at chennnai can i reverse all this amount?
kindly give your valuable advice.
Company Seeks Excise Duty Reversal; Rule 16(1) CENVAT Credit Applies Only if Goods Return to Factory, Not Office A company with a factory in Chennai and a branch in Delhi sold goods to a customer in Uttar Pradesh, which were rejected and returned to the Delhi office. The company inquired if they could reverse the Excise duty and CST paid, given that the Delhi office is not excise registered. One response clarified that under Rule 16(1), CENVAT credit can be taken if goods are returned to the factory for reprocessing, but this does not apply if goods are returned to an office outside the factory. Another response questioned where it is specified that goods must be returned to the factory premises. (AI Summary)
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