https://www.taxtmi.com/forum/issue?id=1133 Returning raw materials requires identification of the original invoice, reversal of the cenvat (duty) credits availed and billing the supplier for excise; VAT must be charged to the supplier on the same price basis on which the input tax credit was originally taken. en-us Wed, 29 Apr 2009 20:27:40 +0530 Thu, 23 Jan 2025 15:58:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1133 Returning raw materials requires identification of the original invoice, reversal of the cenvat (duty) credits availed and billing the supplier for excise; VAT must be charged to the supplier on the same price basis on which the input tax credit was originally taken. Discussion-Forum Central Excise Wed, 29 Apr 2009 20:27:40 +0530 https://www.taxtmi.com/forum/issue?id=1133