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DOCUMENTATION FOR GETTING CVD BENEFIT

This query is : Resolved 

07 March 2008 Kindly advise :

My client a construction firm have placed purchase order for importing goods, for the same the CENVAT benefit is to be availed by their principal employer a govt entity.
1. Whether BOE can be endorsed by my client if the same is addressed to them and passed on to principal employer for availing CVD.
2. Whether the BOE can be addressed in my clients name on account principal employer for them to get CVD.
3. If both the above is not possible, then other procedure wherein my client will not incur any further cost.
In above case my client is bearing all taxes and duties and not registered with Central Excise, so without any further cost implication how the CVD can be passed on to principal employer.

07 March 2008 Yes endorsement is still eligible

The receiver can take the credit when BOE is endoresed in the name of the receiver.

I think you rest of the questions get answered in light of the above clarification.

Kindly refer to Cenvat Credit rules which specifies endorsed BOE as one of the eligble documents for availing the Cenvat Credit

08 March 2008 Thanks for the reply, but endorsement by whom will be taken as authentic and referring what clause can my client convince his principal employer for fasilitating them to get CVD.




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