Devising the procedure/amendment of Rule where inputs on account of being defective are returned to the supplier of inputs as the trade has represented that in such cases, invoices cannot be issued - Point No. 5 of the Principal Collector's Conference held on 20th/21st January, 1955

Devising the procedure/amendment of Rule where inputs on account of being defective are returned to the supplier of inputs as the trade has represented that in such cases, invoices cannot be issued - Point No. 5 of the Principal Collector's Conference held on 20th/21st January, 1955 - Regarding https://www.taxtmi.com/circulars?id=6148 The existing return-challan procedure is applicable for returning defective inputs to suppliers, allowing movement on designated challans without making credit or debit entries in the buyer's RG 23A Part-II account; revenue safeguards must be implemented where returned inputs are not received back by the manufacturer and trade and field formations are to be informed. en-us Mon, 01 May 1995 00:00:00 +0530 Tue, 30 Jun 2009 13:22:00 +0530 TaxTMI RSS Generator Devising the procedure/amendment of Rule where inputs on account of being defective are returned to the supplier of inputs as the trade has represented that in such cases, invoices cannot be issued - Point No. 5 of the Principal Collector's Conference held on 20th/21st January, 1955 - Regarding https://www.taxtmi.com/circulars?id=6148 The existing return-challan procedure is applicable for returning defective inputs to suppliers, allowing movement on designated challans without making credit or debit entries in the buyer's RG 23A Part-II account; revenue safeguards must be implemented where returned inputs are not received back by the manufacturer and trade and field formations are to be informed. Circulars Central Excise Mon, 01 May 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6148