13 October 2012
whether cenvat credit can be availed by C on the Excise invoice of manufacturer A, where, invoice of the Manufacturer(A) shows the supplier(B) as buyer & C as consignee?
The supplier has given only Tax invoice & not Excise invoice. Tax Invoice shows the amount of excise duty equal to as shown in manufacturer's invoice.
14 October 2012
wrong procedure, mere being consignee does not confirm that goods are purchased by C, and when goods are not purchased by C , how can he be eligible for cenvat credit,
correct procedure is to issue cenvatable dealer invoice by B to C under the excise on the basis of invoice of A issued to B.
CAclubindia
