Documents required to avail cenvat credit

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Harsha.H (Querist)
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21 June 2012 Dear Experts,

is there any hard and fast rules, that, CENVAT CREDIT should be availed on DUPLICATE FOR TRANSPORTER copy?

i'm facing problems like DFT copy not received/ miss placed after received in stores dept likewise...

kindly guide,

thanks and regrds,

RENGARAJ R.K

RENGARAJ R.K (Expert)
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21 June 2012 The Cenvat credit is allowed based on the original invoice issued by the manufacturer. The condition is, inputs should have been received before availing the cenvat credit. In those days, only duplicate copy (transporter copy) was meant for availing cenvat credit and later on, the system is changed. In case you face problem, kindly get an affidavit from the lorry people that the cenvat duplicate copy was misplaced and lost in transit.

rengaraj r.k

Harsha.H

Harsha.H (Querist)
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21 June 2012 is there any notifications/circulars are issued regarding the above case?

regards,
Harsha

RENGARAJ R.K

RENGARAJ R.K (Expert)
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21 June 2012
CENVAT Rules. It is clearly mentioned that CENVAT CREDIT CAN BE TAKEN ON INVOICE ISSUED BY A MANUFACTURER FROM HIS FACTORY AND NO WHERE IT IS MENTIONED THAT CREDIT CAN BE TAKEN ONLY ON DUPLICATE TRANSPORTER COPY.

However, please refer Circular No. 68/68/94-CX Dated 24-10-1994 on duplicate copy lost in transit.

rengaraj r.k

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Harsha.H

Harsha.H (Querist)
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21 June 2012 ya that is right sir.
yesterday i read the rules, but couldnt come to your conclusion that NO WHERE IT IS MENTIONED THAT CREDIT CAN BE TAKEN ONLY ON DUPLICATE FOR TRANSPORTER COPY.

thank you very much for the suggestion sir.

regards,
Harsha

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