https://www.taxtmi.com/circulars?id=7841 Credit of duty on goods returned or rejected and received back into the factory before the prescribed duty payment date is allowable under the Central Excise Rules because duty is treated as deemed paid and the invoice for returned goods is a valid document to avail credit; the assessee may also avail credit on its own invoice, and the mechanism is revenue neutral as duty must be discharged by the statutory due date. en-us Wed, 25 Nov 2009 00:00:00 +0530 Tue, 09 Mar 2010 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7841 Credit of duty on goods returned or rejected and received back into the factory before the prescribed duty payment date is allowable under the Central Excise Rules because duty is treated as deemed paid and the invoice for returned goods is a valid document to avail credit; the assessee may also avail credit on its own invoice, and the mechanism is revenue neutral as duty must be discharged by the statutory due date. Circulars Central Excise Wed, 25 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7841