Input credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2012 If we purchase excisable goods on SALES IN TRANSIT basis than can we claim excise input credit on the basis of manufacturer Invoice.

U S Sharma (Expert)
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14 October 2012 not possible
cenvat credit can be availed only if the invoice is in your name, from manufacturer or registered dealer.

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