Cenvat Credit , Central Excise

[Sanjay Sharma]

Dear Experts,

Is CENVAT credit admissible on original Invoice in case loss of Duplicate copy of Transporter of invoice and is there any permission from Excise department is required or not, pls. give your opinion in with the supporting rule/ circular or case law.

Regards

Sanjay Sharma

Posts / Replies

[sv bhasker]

Dear Sharmaji,

At present there is no  Rule which stipulates that credit can be taken only on the  Duplicate copy of invoice meant for  transporter . Hence, you can take credit on the basis of original copy of invoice without the permission from CE department.    You may not have any circular or case law as taking credit now on original copy of invoice is not a matter of litigation.

[NEERAJ KUMAR, RANCHI]

Yes Mr Bhasker is correct.

[Pradeep Khatri]

CENVAT credit is allowed on Original Invoice.  No need to seek permission in this regard.

[Balasubramanian K]

The credit on original invoice  is available from 10/09/2004 as per Cenvat Credit Rules,2004