If a buyer is not a consignee can buyer take cenvat credit
This query is : Resolved
06 January 2017
Dear Sir
We are manufacturer of rubber Component and receive cenvat invoices for raw material from registered dealer. On these Invoices Address of buyer and consignee both mentioned (Buyer and consignee are different), can we take cenvat credit on those invoices as buyer.
Please reply
We are manufacturer of rubber Component and receive cenvat invoices for raw material from registered dealer. On these Invoices Address of buyer and consignee both mentioned (Buyer and consignee are different), can we take cenvat credit on those invoices as buyer.
Please reply
CA Suresh Jain
(Expert)
06 January 2017
If the input is sent to consignee mentioned in the invoice for job work and the formalities as required have been complied with, you can avail the CENVAT credit
Arun Kumar Singh
(Expert)
07 January 2017
Consignee can take the cenvat credit of input received in the factory premises.
12 January 2017
Sir, can Buyer also take cenvat credit, if consignee is other company
CA Suresh Jain
(Expert)
12 January 2017
Can you p[lease explain the reason of different Buyer and consignee ?
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