Z is a manufacturer. They purchase goods from a dealer Y who in turn purchased goods from another dealer X. X has bought goods from a manufacturer [M] and Cenvat is availed by Z on invoice issued by X. X mentions Y in the buyer column and Z in the consignee column. The entire consignment comes directly from M to Z. Can Cenvat credit be disallowed to Z as the buyer column and consignee column differ. This query is being raised in view of comments in ELT page A135-136 which states Vol 259 which states that bouer and consignee should be same. Can credit be disallowed to Z in view of him being a manufacturer?
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