banner_ad

availing canvat credit

705 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
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details