Invoice regarding

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CA Lokesh Pokharna (Querist)
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07 September 2012 we purchased some goods from say x ltd(ist stage dealer) who purchased from y ltd (mfg rer)x ltd issued invoice to us which not mentioned excise duty, but x ltd submitted to us duplicate copy of its purchase bill (tax invoice) ..can we avail excise duty on that invoice basis?

Manish Jain

Manish Jain (Expert)
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07 September 2012 If in bill of “Y Ltd” your organization name is mention as consignee and Material Directly received from Y Ltd. to your site then you can claim Cenvat credit on the same if the goods laying under Input or capital goods as per Cenvat Credit Rules.

ADITYA

ADITYA (Expert)
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09 September 2012 Agreed with Manish

If, you have received part consignment or full consignment and your name as modvat/cenvat consignee is not on the mfg's invoice, you can not take cenvat credit

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