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Condition of cenvat credit

Ram kr. (Buisness) (883 Points)

17 January 2014

Dear Experts, We have two manufacturing unit. We have placed order to our vendor and instruct them to mention their invoice both billing and delivery address. In which address we can take cenvat credit, billing or delivery. Please advice. Thanks

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karan jit singh (Consultant) (1299 Points)
Replied 17 January 2014

Yes, Cenvat credit can only be claimed where delivery is made. As per Rule 4(1) of Cenvat Credit of eligible duties( pls refer Rule 3(1)) in respect of inputs may be taken on receipt of inputs in the factory of the manufacturer and Cenvat credit taken on the basis of (refer rule 9(1)) :-

1.Mfr invoice

2.FSD invoice

3.SSD invoice