Cenvat credit of foc invoice
This query is : Resolved
22 January 2016
Dear Expert
please advice me whether we can take Cenvat credit of excise, if we have received material free of cost (FOC) with excise invoice and in Excise invoice has breakup of excise .Nothing will be paid to vendor.
.
please let me know with reference of Rule/Act/ notification.
please advice me whether we can take Cenvat credit of excise, if we have received material free of cost (FOC) with excise invoice and in Excise invoice has breakup of excise .Nothing will be paid to vendor.
.
please let me know with reference of Rule/Act/ notification.
24 January 2016
You can take the cenvat credit on goods received free of cost.
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