Can we take credit of cvd and sad in this transaction.

This query is : Resolved

PARDEEP SINGH (Querist)
Follow

20 March 2017 Hi,

We have imported a machinery in our GUJRAT PLANT but due to some clerical mistake on Bill of entry, our PUNE PLANT address was mentioned, but the company name is same, the mistake had only happened in address of consignee as it should be of GUJRAT whereas it got mentioned of PUNE.

Hence please advise, if we can take credit of CVD and SAD for this transaction in our GUJRAT account. I am asking this because in bill of entry, there is no address of GUJRAT plant. Total Amount involved is Rs. 5.34 Lakhs.

Thanks

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

22 March 2017 You can issue a transfer challan from address mention in the invoice and then you can take the cenvat credit on goods received in sister unit.

PARDEEP SINGH

PARDEEP SINGH (Querist)
Follow

23 March 2017 Please be advised that in actual the material was arrived and installed in our GUJRAT PLANT, which was also mentiioned on all shippping documents as Buyer and consignee, but only due to clerical mistake in the Bill of entry address was mentioned of PUNE PLANT.

So please advise from which plant the transfer challan will be issued.

Waiting for your earlier reply.

Upgrade to CAclubindia Pro. Subscribe Now!

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

23 March 2017 Credit is admissible at Gujrat plant.

PARDEEP SINGH

PARDEEP SINGH (Querist)
Follow

23 March 2017 Dear Sir

Thanks for your prompt reply.

Your above mail means that we can issue the transfer challan from PUNE PLANT, but the documents are in favour of GUJRAT PLANT except the Bill of entry which is on the address of PUNE PLANT.

Can you please detail me. How should we proceed.

Thanks in advance.