Cenvat credit admissiable on the basis of ori. or extra.
This query is : Resolved
18 December 2013
Respected Sir,
One of my clients got only the original for buyer copy & a extra copy of the purchase bill, the duplicate copy has been lost in transit,can we take the credit on original or extra copy.Please reply.
THANKING U
One of my clients got only the original for buyer copy & a extra copy of the purchase bill, the duplicate copy has been lost in transit,can we take the credit on original or extra copy.Please reply.
THANKING U
18 December 2013
Dear friend,
As per Cenvat Credit Rules, 2004, credit can be availed on the basis of invoice issued by manufacturer, an importer, first stage dealer, second stage dealer etc. There is no stipulation that credit can only be availed on duplicate copy of invoice. In my view, instead of extra copy, you can avail credit on original copy.
As per Cenvat Credit Rules, 2004, credit can be availed on the basis of invoice issued by manufacturer, an importer, first stage dealer, second stage dealer etc. There is no stipulation that credit can only be availed on duplicate copy of invoice. In my view, instead of extra copy, you can avail credit on original copy.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- Non-Compliance documents have not been submitted by the contractors debited
- Capital gain on sale and purchase of plot
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Resigning a auditor from the company for misconduct
- GST not cancelled by tenant
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
