Hi,
I am a first stage dealer. as of now I am only the cenvat credit to customer thro excise invoice.
the question is :
I put the selling price + vat of 5.5% in commercial Invoice.
1> Can I charge the cenvat credit amount in the commercial invoice ie selling price + vat of 5.5%+ cenvat amount, as per the excise invoice(cenvat credit). is it leagal?
2> if customer accepts to pay the cenvat credit , can I charge in invoice.? is it legal
pl help.