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Avail Cenvat credit on material returns

Former Member
0 Kudos

Dear All,

Is it possible to claim cenvat on the debit notes/credit memo raised by the vendor & material returns invoices in SAP.

Regards

Accepted Solutions (0)

Answers (3)

Answers (3)

former_member193587
Active Participant
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hi

For material return process you have to follow steps.

1) Create return po

2) MIGO with 161 Movement

3) J1is Excise Invoice or u can refer existing excise invoice.

4) credit Memo

Regards

ragini

Former Member
0 Kudos

Please do the below steps to claim CENVAT for Return.

1.Create Return PO /Return delivery based on material document(If invoice is not done).

2.Do GR with respect to return PO.Check whether excise tab is coming for material document.

3.create excise invoice with respect to material document.

Regards,

Narendra

Former Member
0 Kudos

Dear Narendra,

But how can we claim cenvat on the same. The above said process is already followed. Please advice.

Regards

Former Member
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After Completion of  J1IS accounting document will create.please check the accounting entries

It will be automatically updated in the G/L's.

former_member192897
Active Contributor
0 Kudos

You cannot avail the cenvat credit for the returned material.

Former Member
0 Kudos

Can we claim cenvat credit for credit memo by vendor?

former_member187965
Active Contributor
0 Kudos

Hi,

Yes, through J1IH, 'Additional Excise' tab, if vendor has forwarded you the excise benefit.