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Availing cenvat credit on bills in the name of principal

This query is : Resolved 

01 June 2016 Sir,
We are a handling agent. We pay to authorities/service provider on behalf of our Principals. Bills are issued in the name of principal for our payments. Can such principal endorse such bills to Agent and will the agent be able to avail CENVAT Credit on the same.
Your detailed clarification would be most beneficial to academic and practical difficulty.
Kind regards
G Srinivasan

01 June 2016 no, for cenvat, bill to be name of you. otherwise you cannot claim the cenvat.


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