Cenvat creidt

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2013 Hello Sir,

1. A Pvt. Ltd. have its manufacturing unit at Hospet-Karnataka with ECC No.

2. The same A Pvt. Ltd. had Seperate Trading Unit at Hyderabad-Andhra Pradesh with separate ECC No.

My Question is :

1.A Pvt. Ltd. [Trading Unit] Had supplied the Raw Material of Steel Meaterial to A Pvt. Ltd. [Manufacturing Unit] Charging Excise Duty @ applicable rates.

2. A Pvt. Ltd. [Manufacturing Unit] is eligible to take the CENVAT credit on the invoices raised by A Pvt. Ltd [Trading Unit]

3. It's not a STOCK TRANSFER. They will purchase from the third party and sold to the Manufacturing unit with proper sales invoice.

4. Is there any problem to take CENVAT Credit ?

Please Explain......

Rupesh Jain

Rupesh Jain (Expert)
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28 June 2013 no there is no problem for takeing cenvat credit of excise

if one co. having both exice number then it take credit.

RENGARAJ R.K

RENGARAJ R.K (Expert)
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28 June 2013 To claim CENVAT benefit 1) It should be an excise Invoice.

2) The materials is used as Input for the manufacturing Unit.

3) CEnvat is allowed even if it is a stock transfer invoice from one manufacturing unit to another manufacturing unit.

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