Why excise Invoice needed in sales returns?

[Former Member]

Hi ,

Normally we do excise invoice ,while goods are moving away from our plant. Then we should create the excise invoice with reference to the Billing document.

Here My question is In returns process (Post goods Receipt) we are doing the excise invoice with reference to the Credit memo.

Why it is neede?

Regards

Jyothi.

[Former Member · Accepted solution]

hi

for sales returns you have to create the adjustment entry in J1IH we have to do cenvat debitr

regards

[Former Member]

Answered.

[Lakshmipathi]

As you would be aware Excise returns is one of those statutory returns to be submitted by Indian manufacturers to Central Excise authorities periodically.

When any goods are moved out of a manufacturing plant, you are suppose to account in excise register and similarly, when a material is coming into a manufacturing plant, you are suppose to register these movements.

So when you submit RG1 sales details monthly for outgone materials, you also have to indicate the returns and accordingly, the duty value can be taken credit.

In SAP, to take credit of excise returns, you need to go to J1IH and make necessary adjustment entries so that the same will be reflected in the subsequent statement which would be submitted to excise authorities.

thanks

G. Lakshmipathi

[Former Member]

Hi,

When u r creating sales out going invoice that time get debit entry in Excise register ...............but if same material is coming back to your factory as a return that time you have take Credit entry in Excise register ........some companies are not taking credit entries of return material and some companies are taking credit entries ..............

Regards,

Ratish Patil