Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Material withou CENVAT copy of Ex. Invoice

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Material withou CENVAT copy of Ex. Invoice
Query (Issue) Started By: - Sanjay Sharma Dated:- 14-5-2012 Last Reply Date:- 15-5-2012 Central Excise
Got 2 Replies
Central Excise
Dear Sir, Supplier has dispatch the material with Original and Duplicate for Transporter copy of Excise invoice but, in transit the transporter missed both the documents i.e . Original Invoice and Duplicate for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Transporter copy of the Excise invoice, only the Triplicate copy of inv. can be made available, can the cenvat credit can be availed on the Triplicate copy of Ex. Invoice?. pls. tell us what to do to avail the Cenvat Credit of the same with supporting rules, case law etc. in this situation. Regards Sanjay Sharma Reply By Raginee Goyal: The Reply: Kindly lodge FIR for loss of documents and inti .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mate the loss of documents to Assitant Commissioner of Central excise through Range superintendent for verification of credit on purchases of which documents have been inadvertently lost. Proviso to Rule ( says : …Provided that if the said document does not contain all the particulars but contains the details of duty or service tax payable, description of the goods or taxable service, asse .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ssable value, Central Excise or Service tax Registration number of the person issuing the invoice, as the case may be, name and address of the factory or warehouse or premises of first or second stage dealers or provider of taxable service, and the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, is satisfied that the goods or services cove .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... red by the said document have been received and accounted for in the books of the account of the receiver, he may allow the CENVAT credit;.." The credit may thus be availed accordingly. Reply By Pradeep Khatri: The Reply: Yes, you can avail the CENVAT credit on the Tripicate Copy of the Invoice as Department can't deny the facts that the said material was not used in the manufacturing of final .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... products. Lodging a FIR and Intimation to Department is a precondition for availing the CENVAT credit on Triplicate copy of the Invoice.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates