Procedure to return Excisable capital goods

Hi gurus,
I want to return excisable capital goods to vendor on which transactions MIGO, J1IEX, MIRO has been carried out. Can anyone guide me for the procedure?
Also as its stock is not maintained (i.e. directly procured for cost center) how I wil com to kno that it has been returned from system?
Thanks

Hi
There are two parts to it. One is reversal of the excise Cenvat credt availed on the capital goods and the other Debiting the vendor the returned goods.
With regard to Cenvat credit, if it is procured in the previous year, obviously the balance cenvat credit on the goods (50%) would have been availed in the current financial year. If it is not availed, avail the balance credit and reverse the 100% cenvat credit on the goods (as per Excise Rules). For availing the balance 50% credit, if the goods are procured during the year, use transaction code J1IH -> Differential Excise and then raise an excise invoice on the vendor through J1IS for the 100% of the ED amount. This will resolve the Cenvat reversal on the goods to be returned.
With regard to Debiting the vendor for the returned goods, raise a credit memo on the vendor (or ask for the credit memo document from the vendor and book the same). In this case you can credit the GL account to which the original entry has been made using MIRO earlier, with the corresponding Cost Center entered in the document.
Hope it is clear.
Regards,
Lakshmanan Krishnan

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