https://www.taxtmi.com/forum/issue?id=109759 Excise duty is chargeable on replacement goods supplied under warranty; warranty obligations do not eliminate duty on new replacements. The supplier may take credit for returned goods and use it against duty on subsequent clearances, but must reverse credit where scrap is non excisable. Assessable value of replaced goods includes packing, freight and transportation charges. The expiry of returned finished goods may affect entitlement to credit under the returned goods credit mechanism. en-us Wed, 20 Jan 2016 18:51:33 +0530 Thu, 23 Jan 2025 15:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109759 Excise duty is chargeable on replacement goods supplied under warranty; warranty obligations do not eliminate duty on new replacements. The supplier may take credit for returned goods and use it against duty on subsequent clearances, but must reverse credit where scrap is non excisable. Assessable value of replaced goods includes packing, freight and transportation charges. The expiry of returned finished goods may affect entitlement to credit under the returned goods credit mechanism. Discussion-Forum Central Excise Wed, 20 Jan 2016 18:51:33 +0530 https://www.taxtmi.com/forum/issue?id=109759