TaxTMI 
TaxTMI 
AVAILEMENT OF CENVAT CREDIT ON RETURNED GOODS
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....VAILEMENT OF CENVAT CREDIT ON RETURNED GOODS<br> Query (Issue) Started By: - GORAKHNATH KHARADE Dated:- 15-3-2017 Last Reply Date:- 15-3-2017 Central Excise<br>Got 4 Replies<br>Central Excise<br>Dear ....
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....Sir we send material dated.04.03.2017 to our client. Material reach to the client and material found in damage condition the send back to our factory on reject note with our invoice we can take cenv....
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....at credit on return goods Please advice. Regards Gorakhnath Kharade 9920200983 Reply By Ramaswamy S: The Reply: Credit can be availed. Regards S.Ramaswamy 96860 88864 Reply By KASTURI SETHI: ....
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....The Reply: Dear Querist, Credit is available under Rule 16(1) of CE Rules, 2002. Further Rule 16(2) and (3) are also relevant on this issue. Reply By Ganeshan Kalyani: The Reply: Yes the credit is....
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.... eligible. The documentation in such case is important. The reference of original invoice should be there with the debit note. Reply By YAGAY AND SUN: The Reply: If whole quantity is being returned....
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.... then it can be also on the invoice of suppliers and if proportionate quantity is being returned then it can be on the invoice of customer. CENVAT credit can be availed under Rule 16 (1)/(2) /(3).<br>....
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