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Transit Sale - Amendment to Rule 11(2) of the C.Ex.Rules 2002 - Effect on unregistered dealer - Recent Development on issue

Cenvat Credit - By: - Mukund Nyalkalkar - Dated:- 6-5-2015 Last Replied Date:- 7-5-2015 - On the above said subject, I had given my Article on 27.4.2015. [2] Now, recently, I have came across the fact that All India Non-Ferrous Metal Industries Association had approached the Jt.Commissioner, Office of the Principal Chief Commissioner of C.Ex., Mumbai Zone-I for seeking clarification as to whether in case of direct/transit sale by a trader from the manufacturer to the end user, a trader is requir .....

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aler s invoice can be done only by the CBEC; 4. There is no provision for availing CENVAT credit on the strength of Manufacturer s invoice when the goods are sold through a non-registered dealer; [3] Now, as rightly pointed out by Shri.Rakesh Chitkara Sir, in his comment to my earlier Article dt. 27.4.2015 on the above said subject, the CBEC must intervene and comes out with a clarification(as it did in 1996) to set rest this major controversy as early as possible. - Reply By CA Akash Phophalia .....

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