Cenvat credit

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Querist : Anonymous

Querist : Anonymous (Querist)

27 November 2011 How much Cenvat credit is available? what are the requirements for claiming it?

NILESHKUMAR

NILESHKUMAR (Expert)
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28 November 2011 Cenvat Credit can be availed on the basis of invocie issued by the supplier under Rule 9 of Central Excise Rules 20002. As such thre is no restriction to asvail credit on original or duplicate copy but to maintain uniform practice for availing credit duplicate for transporter is normally used. If it is not availble due to any reason Cenvat can be claimed on original copy also. No credit of xerox copy of invocie of bill of entry is entitled.

Querist : Anonymous

Querist : Anonymous (Querist)

29 November 2011 Thank you :)