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?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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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?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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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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