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GOODS RECEIPT

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..... GOODS RECEIPT
Query (Issue) Started By: - BHARAT PRADHAN Dated:- 14-11-2012 Last Reply Date:- 15-11-2012 Central Excise
Got 3 Replies
Central Excise
SIR, WE ARE IMPORT INGOT FROM SINGAPOR .....

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..... E, QTY IS : 500 TON IN 20 CONTAINER'S IN ONE INVOICE & ONE BL, BUT SOME CONTAINERS IN FACTORY ONE DAY, OTHRS CONTAINERS IN OTHER DAY , CAN I ENTRY GRN IN AFTER RECEIVED FULLY QTY OR PART QTY GRN IN RE .....

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..... CEIVED DATE WISE. Reply By Pradeep Khatri: The Reply: You must up-date your records as and when you receive material in your factory premises, and GRNs can be prepared accordingly. CENVAT Credit wil .....

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..... l be available to you, once you receive the whole quantity of the material. Reply By Seetharaman K C: The Reply: It could be impractical to bring all the goods into the factory in a single consignme .....

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..... nt. As long as all the goods imported are received in the factory it would not matter whether this is under various GN's and CENVAT would be available after receipt of all the material in the factory. .....

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..... You may prepare a reconciliation tallying the imported quanttiy with the receipts as per GRN's Reply By JAMES PG: The Reply: I agree with Mr Khatri that records to be updated as and when goods are .....

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..... recieved in the factory.
Discussion Forum - Knowledge Sharing .....

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