TaxTMI 
TaxTMI 
Whether Adjustment of Central Excise Duty paid @1% can be done if the jewellery is returned
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....hether Adjustment of Central Excise Duty paid @1% can be done if the jewellery is returned<br> Query (Issue) Started By: - Anish Goyal Dated:- 19-3-2016 Last Reply Date:- 19-3-2016 Central Excise<br>G....
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....ot 2 Replies<br>Central Excise<br>A manufacturer cleared a jewellery set on 05.03.2016 on payment of Central Excise Duty @ 1%. However, on 18.03.2016, the same is returned back by the customer. Now,....
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.... can I adjust the 1% central Excise duty already paid on jewellery subsequent sales? Reply By KASTURI SETHI: The Reply: On what grounds the jewellery was returned ? Either Rule 16 (1) or (2) or (3) ....
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....of CE Rules, 2002 is to be followed depending upon the requirement. Reply By Ganeshan Kalyani: The Reply: I agree with the views submitted by Sri Kasturi Sir. Rule 16 of Central Excise Rules deals w....
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....ith the returned goods and its excise duty implications.<br> Discussion Forum - Knowledge Sharing ....