Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2012
Sir,
Can cenvat credit be availed on the basis of an invoice which has no break up of the excise duty amount?
Can cenvat credit be availed on the basis of an invoice which has no break up of the excise duty amount?
20 November 2012
CENVAT credit can be claimed only if the excise duty is mentioned separately on the invoice. If there is no breakup, credit of excise duty CANNOT be claimed.
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 November 2012
Thank you for your reply Sir. But what if there is no break up, so I assume the invoiced amount to be inclusive of duties, can I still avail credit?
20 November 2012
Central Excise Rules requires the duties to be mentioned on the invoice otherwise it is not treated as an invoice for claiming CENVAT credit.
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