My query is whether taken cenvat inputcredit other party invoice name. we pay all the invoices behalf of booking party. please provide the solutions if the cenvat input credit already claim.
12 December 2015
CENVAT CREDIT CAN BE TAKEN ONLY WHEN THE INVOICE IS GIVEN IN THE NAME OF SUCH PERSON IF YOU HAVE ALREADY TAKEN THE CREDIT THEN REVERSE SUCH CREDIT ALONG WITH INTEREST AND INFORM THE OFFICER REGARDING SUCH REVERSAL
CAclubindia
