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TMI BlogCENVAT CREDIT ON DEBIT NOTEX X X X Extracts X X X X X X X X Extracts X X X X ..... CENVAT CREDIT ON DEBIT NOTE X X X X Extracts X X X X X X X X Extracts X X X X ..... CREDIT BY DEBIT NOTE Reply By K chandrakar: The Reply: dear ajay NO we cannot claim cenvat on the basic of debit or credit note. for cenvat credit buyer have to raise excisable invoice then only we ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n take cenvat. Reply By CA. Shivani Shah: The Reply: Case where credit allowed on strength of debit note: Pharmalab Process Equipments Pvt. Ltd. v. CCE, Ahmedabad - 2009 (242) E.L.T. 467 (Tribunal) = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2009 (16) S.T.R. 94 (Tribunal) 2010 (17) S.T.R. 253 (Tri. - Chennai) (matter remanded) Case where credit disallowed on strength of debit note: 2010 (17) S.T.R. 322 (Commr. Appl.) advisable not to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... take. However, if credit is taken, intimate to the department in writing. However, all details required under Rule 9 of Cenvat Credit Rules, 1994 have to be present on the debit note. Reply By sanjee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... v jadhav: The Reply: As per Rule 9 of Cenvat Credit Rules, 2004, debit note is not a valid excise document for taking cenvat credit. It is better to ask concerned paty to issue supplimentary invoice i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nstead of debit note. You can avail cenvat credit on supplimentary invoice. X X X X Extracts X X X X X X X X Extracts X X X X
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