return in excise

[Former Member]

Hi,

scenario is: i have sold 10 nos excisable finished product from excisable plant to our customer.(OR-LF-F2-J1IIN) Relevent registar RG1 updated ,extraction done. After two months , customer returns 2nos back to plant.Return OR-Return LF- after that what do i have to do to reverse cenvat entries from excise point of view.

a. J1IH or J1IS ?

b. If its J1IS what is ref document type to be used?in which register will it get updated ?

c. If its J1IH which option we need to take ( other adjustment,additional excise ..etc..) and which registers to choose ( RG23A,RG23C, PLA,Fortnightly payment ) as Finished goods is getting returned

kindly advise pls...

thanks

-UK

[Former Member]

Dear Umesh,

One of my Reply is already being referred in previous Post, i.e.

[Excise Return|;

However, Other inputs:

To your Point:

which registers to choose ( RG23A,RG23C, PLA,Fortnightly payment )

With J1IH, entry gets created in RG23A Part2. A/C Doc. is generated and updated in the table: J_1Ipart2

Another point is

c. If its J1IH which option we need to take ( other adjustment,additional excise ..etc..)

MORE - ADDITION ADJ

LESS - OTHER ADJ

Best Regards,

Amit

Note:

J1IS - Process an excise invoice (outgoing) for other movements

Whereas,

J1IH - Make a CENVAT adjustment posting

[Former Member]

Dear Amith,

Your answer has given lot of information which needs appreciation!!

Just one more clarification please. when I say customer credit ( J1IH -add adj.) what it means ? is it for cenvat credit?

I bill @14% BED , 2 % CESS ,1%ECESS , When I get return of the same , same amount should reverse as cenvat credit ??????????

Can you pls clarify?

Thanks,

UK

[Former Member]

dear all,

closing the thread.

umesh

[former_member204513]

Dear Umesh,

Go through this Thread

I hope this will help you,

Regards,

Murali.

[Former Member]

Dear Murali ,

thanks for time.

I have gone through this thread earlier also: which says,

customer credit -

---

J1IH - additional excise

Cenvat debit----

---

J1IH -Others

my question was if stock is returned i need to take cenvat credit which means to say that should I use customer credit -

---

J1IH - additional excise ???

and In modavat account selection which register to choose???

pls advise

-UK