cenvat

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Soumyen Sarkar (Querist)
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26 May 2011 The supplier assessee issued invoice in respect of consignee 'X', showing the delivery at consignee's sister concern 'Y' factory. 'X' lifted the goods (input) by his pick van from 'Y's premise under delivery challan issued by 'Y'. Is it a technically correct arrangement? Can 'X' now take CENVAT? Should Assistant Commissioner be informed beforehand about storage of inputs outside factory?

U S Sharma

U S Sharma (Expert)
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26 May 2011 He would be able to take credit only on physical receipt of such goods. there may be serveral reasons, viz, shortage of space at X factory, non availability of passage to X factory, X factory was closed for specific day,

however the input credit can not be claimed unless the goods are reached in factory of X