One of our supplier is issuing Invoice and putting Original/ Dupliate/Tripliate/quadupliate/ Extra copy in invoice & highliting . We take credit on duplicate copy where they highlight , & Original copy , as they highlight, sent to accounts for payment, Is any difficulty in this transaction to take cenvat credit ?
Normely Original for buyer & Duplicate for transporter copy is issued for removal of goods but in the above case they are preparing 4-5 invoices and highliting individualy each .Please guide
26 February 2013
As per Rule 11 of Central Excise Rules, 2002, an assessee shall issue their invoice in triplicate in following manner:- 1. Original for buyer : This copy will be sent to buyer through courier or any mode of mail and will keep it in their accounts records. 2. Duplicate for transporter : This copy will be handed over to transporter and will be sent with the consignment. This copy is an authentic copy for availing cenvat credit. In case of missing duplicate copy on the way by the driver, cenvat can be taken on it original copy. 3. Triplicate copy will be detained by the assessee in their record. Thanks. RAJEEV KUMAR GARG (M.COM. L.L.B.) Consultant, Customs, Central Excise & Service Tax Ph. 7500802402
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