Eligibility for taking Cenvat Credit!!!


This query is : Resolved 

(Querist)
25 October 2010 Dear Experts,
(1)Please inform me who are all eligible to take Cenvat Credit on inputs?
(2) Whether a trader is also eligible issue Cenvat Creditable invoices?
Thanks & Regards,
Rajesh.

CA Punit (Expert)
25 October 2010 Manufacturer/ Producer of excisable goods liable to duty & provider of taxable services.

First/second stage dealers after the manufacturer can issue cenvat invoices

26 October 2010 As said by Mr. Punit. Both entities require to be registered.


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