Cenvat credit on excise invoice raised after factory receipt
This query is : Resolved
VIVEK BARANWAL
(Querist)
30 April 2013
Dear experts
We are a manufacturer registered in Central Excise.
Recently we had purchased a goods. as per our P.O. terms supplier(First Stage Dealer) will provide excise Invoice. But he has not raised excise invoice and raised a commercial invoice while removing goods from his depot.
So we had hold amount of Cenvat from their payment
Later after one month They had raise excise invoice referring commercial invoice no. and date on excise Invoice. Now They are asking for payments
Please advice whether we can avail cenvat credit or not.
It will be kind helpful to me if your answer are supported with Excise rules/Cases
We are a manufacturer registered in Central Excise.
Recently we had purchased a goods. as per our P.O. terms supplier(First Stage Dealer) will provide excise Invoice. But he has not raised excise invoice and raised a commercial invoice while removing goods from his depot.
So we had hold amount of Cenvat from their payment
Later after one month They had raise excise invoice referring commercial invoice no. and date on excise Invoice. Now They are asking for payments
Please advice whether we can avail cenvat credit or not.
It will be kind helpful to me if your answer are supported with Excise rules/Cases
Arun Kumar Singh
(Expert)
04 May 2013
Goods have been received in physical form with commercial invoice then you can take the cenvat credit on the taxable invoice.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Urd purchase entry in tally prime
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
