Devising the procedure/amendment of Rule where inputs on account of being defective are returned to the supplier of inputs as the trade has represented that in such cases, invoices cannot be issued - Point No. 5 of the Principal Collector's Conference held on 20th/21st January, 1955 - Regarding

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..... nt of Rule where inputs on account of being defective are returned to the supplier of inputs as the trade has represented that in such cases, invoices cannot be issued - Point No. 5 of the Principal Collector's Conference held on 20th/21st January, 1955 - Regarding Circular No. 120/31/95 CX Dated 1-5-1995 [From F. No. 267/48/95 CX.8] Government of India Ministry of Finance .....

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..... visions of Rule 57F(3) are squarely applicable to a case wherein defective goods are to be returned to the supplier of the goods. Hence, the procedure prescribed under Rule 57F(3) can be followed for return of such goods by the buyer to the supplier and the movement of the goods can take place on Rule 57F(3) challans without involving credit/debit in the RG 23A Part-II account. Necessary action be .....

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