Invoice regarding
This query is : Resolved
CA Lokesh Pokharna
(Querist)
07 September 2012
we purchased some goods from say x ltd(ist stage dealer) who purchased from y ltd (mfg rer)x ltd issued invoice to us which not mentioned excise duty, but x ltd submitted to us duplicate copy of its purchase bill (tax invoice) ..can we avail excise duty on that invoice basis?
Manish Jain
(Expert)
07 September 2012
If in bill of “Y Ltd” your organization name is mention as consignee and Material Directly received from Y Ltd. to your site then you can claim Cenvat credit on the same if the goods laying under Input or capital goods as per Cenvat Credit Rules.
09 September 2012
Agreed with Manish
If, you have received part consignment or full consignment and your name as modvat/cenvat consignee is not on the mfg's invoice, you can not take cenvat credit
If, you have received part consignment or full consignment and your name as modvat/cenvat consignee is not on the mfg's invoice, you can not take cenvat credit
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