9911796707
TMI BlogReturn of goods for remaking, refining, reconditioning-X X X X Extracts X X X X X X X X Extracts X X X X ..... ollowing procedures are prescribed. 2. The goods should be returned within a period of one year from the date of clearance or within the guarantee period whichever is later. 3 (i) If the entire consignment of the goods are returned / rejected and the same are received with the duty paid documents of the manufacture he shall take credit of the duty paid on such goods. Before taking credit the manufacturer should ensure that the credit of duty paid under the above document has not already been taken by any other person. (ii) if a portion of the goods rejected/ returned are received from the consignor along with his invoice issued under Rule 11 of the Central Excise Rules, 2002 then also the manufacturer shall take credit on the duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t of the goods (2) details of goods, including quantity, value and the sub- heading (3) person from whom received (4) reasons for the receipt of the goods (5) document under which the goods were received (6) time required for repair / process (7) duty involved on the returned goods (8) nature of process/ activity to be undertaken (9) actual process carried out (10) details of inputs / parts/ components etc. utilized in the process and the credit of duty taken on them (11) date and time of dispatch after processing, and (120 amount of duty paid / reversed in Cenvat credit account. 5 (i) In terms of Rule 16 (2) of Central Excise Rules, 2002 at the time of clearance of the returned goods after subjecting to any process, which does not amoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions of the Divisional Officer. 8. The assesses shall separately furnish a monthly statement of opening balance, quantity received, quantity removed closing balance and quantity found unfit for reprocessing etc. credit taken and duty paid credit reversed in respect of each type of goods received for repairs etc. along with ER-1 statement to the Jurisdictional Range Officer. 9. All the Trade Associations, Chambers of Commerce and Members of Regional Advisory Committee are requested to bring the contents of this trade notice to the attention of all their members and others concerned. 10. For any difficulties arising in respect of availing the credit facilities in respect of the returned/ rejected goods, the manufacturer may contact t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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