clarification regarding on which document require for cenvat credit taken on duty paid goods within a six months, Central Excise

[manan pandya]

Res.Sir,

i am from ahmedabad and working in private limited company as a accountant and taking care of excise and service tax of manufacturing unit.

i want to get clarification about cenvat credit , in this budget our FM.has declared that cenvat credit taken within a six month from the date of issue of invoice .

in this base let me clear that if i am manufacture and i send material on to my branch which is situated in mumbai after paying duty and branch sends back some of goods return to me(ho) and these goods were sold before 1 year so right can i take credit for the same duty paid goods which i receive from branch ....according to this budget ..

other issue: let me clear that which document is required to take credit of duty paid goods

pls. explain in detail.

regards,

MANAN PANDYA

AHMEDABAD

CONTACT:+919510018659

Posts / Replies

[Naveed S]

In above case, my view is that the HO can avail the cenvat credit on returned goods received from branch office; provided credit is availed in next 6 months time period.

The fact that the duty paid goods are returned goods and are the same goods cleared 1 year back does not have any relevance herein.

[Naveed S]

The following are the documents specified under Rule 9(1):

• Invoice issued by a manufacturer, importer, first stage dealer;
• Supplementary invoice;
• Bill of entry;
• a certificate issued by an appraiser of customs in respect of goods imported through a Foreign Post Office;
• a challan evidencing payment of service tax, by the service recipient as the person liable to pay service tax;
• an invoice, a bill or challan issued by a provider of input service on or after the 10th day of, September, 2004;
• an invoice, bill or challan issued by an input service distributor under rule 4A of the Service Tax Rules, 1994.

This amendment will be come to effect from 01.09.2014.