Cenvat credit on the basis of debit note in connection of negotiate the price of goods later on after despatch the goods.

Cenvat credit on the basis of debit note in connection of negotiate the price of goods later on after despatch the goods. https://www.taxtmi.com/forum/issue?id=106356 Cenvat credit can be claimed where a customer issues a debit note for a post dispatch price reduction, either by adjusting the seller's own invoice and retaining the debit note and purchase order while noting the adjustment in the excise return, or by seeking a refund of excess duty. Tribunal practice permits cenvat credit on debit notes if those notes contain all prescribed invoice particulars required for input credit claims and the statutory invoice ingredients are satisfied. en-us Fri, 27 Dec 2013 09:29:11 +0530 Thu, 23 Jan 2025 15:57:28 +0530 TaxTMI RSS Generator Cenvat credit on the basis of debit note in connection of negotiate the price of goods later on after despatch the goods. https://www.taxtmi.com/forum/issue?id=106356 Cenvat credit can be claimed where a customer issues a debit note for a post dispatch price reduction, either by adjusting the seller's own invoice and retaining the debit note and purchase order while noting the adjustment in the excise return, or by seeking a refund of excess duty. Tribunal practice permits cenvat credit on debit notes if those notes contain all prescribed invoice particulars required for input credit claims and the statutory invoice ingredients are satisfied. Discussion-Forum Central Excise Fri, 27 Dec 2013 09:29:11 +0530 https://www.taxtmi.com/forum/issue?id=106356