Cenvat Credit, Service Tax

[Ranbir Singh]

Sir, can we take cenvat credit on proforma Invoice.?

Posts / Replies

[NEERAJ KUMAR, RANCHI]

No you can not take cenvat credit on proforma invoice.

[Pradeep Khatri]

Proforma Invoice is not recognised under the Rule 11 of the Central Excise Rule, 2002.

[Muthuraj MUTHURAJ]

Proforma Invoice is issued to quanitify the approximate value of the goods about to be invoiced in near future and the same is not valid a document for taking Cenvat Credit. Further, the seller who issues the proforma invoice will not make any payment of Excise duty based on the proforma invoice.

[CA Seetharaman K C]

No , Proforma Invoice does not feature among documents listed under Rule 11 of the Central Excise Rule, 2002.. Rule 11  talks about issuance of  Invoice only