Purchase against document transfer (transit purchase)

PKumar (Service) (51 Points)

08 August 2014  

Dear Sir,

We are a Mfg unit, we purchase the material against document transfer as a transit purchase.

when we received the invoice our name and address not mentioned beacuse of transfer the document through endorshment of LR.

can we take cenvat credit on behalf of LR, if yes, kindly mentioned the cenvat credit Rule.

 

Please reply as soon as possible.