Hari Wadhwa (Chartered Accountant) (61 Points)
06 December 2008i know that we do claim cenvat credit on goods purchased at the time of ACTUAL RECIEPT of goods
but,
how to verify it in audit -
whether it should be that date when gatekeeper at the factory gate recieved all documents along with delivery challan
OR
that date when store keeper /manager recoreded the goods in stock register?
Bhushan Raikar
(Business)
(21 Points)
Replied 06 December 2008
| Originally posted by :Hari Wadhwa | ||
| " | i know that we do claim cenvat credit on goods purchased at the time of ACTUAL RECIEPT of goods but, how to verify it in audit - whether it should be that date when gatekeeper at the factory gate recieved all documents along with delivery challan OR that date when store keeper /manager recoreded the goods in stock register? |
" |
Actual entry passed when the purchase bill pass by the Department because in their certain issue that whether goods rejected . Because of the goods return we not reversed the CENVAT so at the of entry we get full credit of this CENVAT
CAclubindia
