Excise claim and purchase entry under e-1
This query is : Resolved
Prem Bhardwaj
(Querist)
11 August 2015
Respected Experts,
I want to know that, under E-1 purchase we received material from the dealer of our supplier. and invoice is shipped to us and raised to our creditor. Now i want to now how to pass entry in our books to claims excise credit. coz if we booked invoice in our books from the dealer who send to goods us to claim excise credit so, how can we issue c form in the name of our supplier who is not registered under Excise.
I want to know that, under E-1 purchase we received material from the dealer of our supplier. and invoice is shipped to us and raised to our creditor. Now i want to now how to pass entry in our books to claims excise credit. coz if we booked invoice in our books from the dealer who send to goods us to claim excise credit so, how can we issue c form in the name of our supplier who is not registered under Excise.
Arun Kumar Singh
(Expert)
14 September 2015
If Dealer is registered under central excise then you can take the cenvat credit on the basis of dealer invoice.
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