Availment of Cenvat Credit by a Propreitory firm

karthik (Manager Documentation) (46 Points)

06 July 2010  

HI

I am working for a propreitory firm.  In this case the PAN number of the propreitor will be be the PAN number fo the firm also.

Now the question is, the firm is willing to offer some services which are taxable.   Since the firm is a propreitory firm, wll it be possible to avail cenvat credit of the Input services / Input received even if the Input services Invoices are in the name of the Propreitor himself and not in the name of the firm.

In short,,,,,,,,,will a propreioty firm will be be allowed to avail cenvat c redit of the Input services or Inputs if the Invoices of the INput services are in the name of the propreitor........( pls note name firm and the propreitor are two different names )

Kindly clarify