Can cenvat credit could be claimed based on the invoice given by a trader on the excise duty paid by him. Should invoice provided, contain the CE registration no & the range.
Menu
Cenvat credit.
Replies (3)
Trader has to get registered with CE as a dealer for passing on the benefit and has to submit the quarterly return. Or the trader can work on the bill and pass the same to the consignee.
AS PER CENTRAL EXCISE RULE, MADATORY PROVIDE OF CENTRAL EXCISE NUMBER AND RANGE IN CENTRAL EXCISE INVOICE .
CENVAT CREDIT CLAIMED BASED ON INVOICE GIVEN BY TRADER . INVOICE IS MAIN EVEDENCE FOR CENVAT CREDIT BENEFIT TAKEN AS PER RULE.
CENVAT CREDIT CLAIMED BASED ON INVOICE GIVEN BY TRADER . INVOICE IS MAIN EVEDENCE FOR CENVAT CREDIT BENEFIT TAKEN AS PER RULE.
Only FSD & SSD DEALERS CAN PASS CREDIT OF DUTY ON THE BASIS OF INVOICE ISSUE UNDER RULE-11 OF CENTRAL EXCISE RULE 2002.
Recent Threads
- Choice of itr form
- DTAA with US - Interest & Dividend
- Last Year ITR Not Filed and Hence NO TDS was claim
- Does ITR2 take much longer for processing
- New GST Reforms 2025 Announced by PM Modi –
- Share capital Amount
- Fund claimed as nominee of deceased Parent
- ITC claim on cements and Steels
- Reverse charge can transport company collect Rever
- LTCG-LOSS ON SALE OF EQUITY SHARES
Related Threads
CAclubindia
