Cenvat pass on related rules in case of manufacturer's Depot

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Raju Pendse (Querist)
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04 October 2010 Let me know the basis of cenvat pass-on related rules. If manufacturer transfer goods to its depot away from factory and the goods are being sold at different rate at depot as per market condition(at different rate than manufacturers Invoice)

How depot should pass-on cenvat ?
Is it necessary to issue supplementary Invoice by manufacturer for differential value ?

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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05 October 2010 The value at which goods are cleared to depots is the price at the depot AT the time of removal from the factory. If this has been done the cenvat credit which can be passed on is the same as that discharged at the factory irrespective of the price at whcih goods are sold at the depot. Refer Rule 7 of the CE valuation rules.

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