purchases from unregistered dealer

In order to avail excise you have to have an invoice as per rules which interalia should

mention the ECC No of the Assessee, Commissionerate/Divisional address etc.  If these

things are not available then you cannot take credit.  In the absence of an invoice how then it is accounted in the books.  If it is a low value item then the same is normally expensed and not routed through purchase accounts.  Request you to share clear details. May be we can help.

Dear Mr. Ganapathy ,

First of all thanks for the reply.

what you have stated that is corrent but i think that the exact point which i want to know is missing , hence pls find an example below to clarify

" imagine that "X" Pvt.Ltd. is a steel manufacturer and registered under Company Act, Excise and Sales tax , thier major raw material is Steel scrap which they buys from registerd dealer under central excise and also from the dealer who is not registered under Central excise but under sales Tax  and received invoices along with the material but some time or regulary basis they purchased from transient trader , who (transient trader) does not have any particular place of business and does not issue any invoice " so my query is in this kind of situation how to account purchses of raw material from transient trader for excise purpose and because transient trader never issue any invoice so we are no eligible for cenvat credit and according to me after process we have to pay excise duty on purchases of transient trader also. and pls explain recordds to maintin