https://www.taxtmi.com/forum/issue?id=108806 Returned excisable goods destined for scrap require treatment based on whether cenvat credit was availed: no credit availed - no duty payable on scrap clearance; credit availed - record the credit on receipt and reverse the entire credit when cleared as scrap. Show scrapped items in RG-1 under the scrap section with invoice references; issue appropriate credit notes to buyers and make accounting adjustments with professional advice. VAT/CST adjustments may be claimable within statutory time limits. en-us Thu, 25 Jun 2015 11:49:35 +0530 Thu, 23 Jan 2025 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108806 Returned excisable goods destined for scrap require treatment based on whether cenvat credit was availed: no credit availed - no duty payable on scrap clearance; credit availed - record the credit on receipt and reverse the entire credit when cleared as scrap. Show scrapped items in RG-1 under the scrap section with invoice references; issue appropriate credit notes to buyers and make accounting adjustments with professional advice. VAT/CST adjustments may be claimable within statutory time limits. Discussion-Forum Central Excise Thu, 25 Jun 2015 11:49:35 +0530 https://www.taxtmi.com/forum/issue?id=108806