availing canvat credit

712 views 1 replies

i know that we do claim cenvat credit on goods purchased at the time of ACTUAL RECIEPT of goods 

but,

how to verify it in audit  -

whether it should be that date when gatekeeper at the factory gate recieved all documents along with delivery challan

                                       OR

that date when store keeper /manager recoreded the goods in stock register?

Replies (1)
Originally posted by :Hari Wadhwa
" i know that we do claim cenvat credit on goods purchased at the time of ACTUAL RECIEPT of goods 
but,
how to verify it in audit  -
whether it should be that date when gatekeeper at the factory gate recieved all documents along with delivery challan
                                       OR
that date when store keeper /manager recoreded the goods in stock register?
"


 

Actual entry passed when the purchase bill pass by the Department because in their certain issue that whether goods rejected . Because of the goods return we not reversed the CENVAT so at the of entry we get full credit of this CENVAT


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details