Cenvat on the basis of system generated invoice

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CA Vinisha Sahijwani (Querist)
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23 January 2014 Whether Cenvat credit could be availed on the basis of system generated invoices which clearly mentions that there is no requirement of signature of the required authority since the invoice is system generated.

Kindly suggest.

Ankit Varia

Ankit Varia (Expert)
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23 January 2014 Proviso to Rule 9 of cenvat credit rules

Provided that if the said document does not contain all the particulars but contains the details of duty or service tax payable, description of the goods or taxable service, assessable value, Central Excise or Service tax Registration number of the person issuing the invoice, as the case may be, name and address of the factory or warehouse or premises of first or second stage dealers or provider of taxable service, and the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, is satisfied that the goods or services covered by the said document have been received and accounted for in the books of the account of the receiver, he may allow the CENVAT credit;

Now practically even the department understand the fact behind computer generated invoices.

So go ahead with taking credit

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