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Mukeshh Agarwal (E-solutions)     08 July 2014

Cenvat availing date

Dear All,

I have a query regarding availing of Excise Cenvat.

Say the party has billed the excise invoice on 30th June 2014 and I have received the goods on 3rd July 2014.

So what should be the appropriate date/month to avail the Cenvat credit. Will it be June or July. 

Thanks in advance !!


 6 Replies

Venkatanarayana GM

Venkatanarayana GM (Partner associate at Hiregange & Associates)     08 July 2014

Dear sir,

Receipt of goods is very important for availing credit (i.e why the credit is eligible on transporter copy).

Rule 4 of CCR "RULE 4.Conditions for allowing CENVAT credit. — (1) The CENVAT credit in respect of inputs may be taken immediately on receipt of the inputs in the factory of the manufacturer or in the premises of the provider of output service,,

Further i would like to mention that there  is no time limit for availing credit unilke local sales tax.

1 Like
Ajay Raghatate

Ajay Raghatate (Sr Executive (Excise & Accounts))     08 July 2014

You have receive the goods in the month of July, so you are eligible to avail credit in the month of July   

CA Yugal Purohit

CA Yugal Purohit (Chartered Accountant)     08 July 2014

Yes there is no time limit for availing inputbut you must take it aftr receiving goods

ashish (article assistant)     08 July 2014

credit can be taken only after receiving of goods...

S.GANESAN (AUDIT MANAGER)     08 July 2014

You can avail the CREDIT after receipt of the Goods.

There is no time limit for that.

Brahma Nand

Brahma Nand (Finance associates)     09 July 2014

Ya Execitly cenvat credit avail from receipt of goods

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