Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Cenvat credit on E1 purchase

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We have purchased material from a customer at Ahmedabad, through one of their Bangalore agent under E1 sale. We have received invoice copies of Ahmedabad customer to their bangalore agent with all taxes applicable and another invoice copy from bangalore agent to our favor with applicable 12.36 percent excise duty. Please let us know whether we can avail CENVAT credit based on our dealer s E .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1 sale ' Duplicate' for transporter' invoice. - Reply By PAWAN KUMAR - The Reply = As per my view, you may avail cenvat credit on the same but it should be supported with original copy on which excise duty was paid. - Reply By SHIVKUMAR SHARMA - The Reply = Mr.Govindan You can avail Cenvat Credit on the basis of invoice issued by your supplier of Bangalore I 100 percent agree wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... th the opinion of Mr.Pawankumar.. . SHIVKUMAR SHARMA - Reply By Pradeep Khatri - The Reply = Yes, you may avail CENVAT credit on goods purchase under Interstate Sale (E-I/E-II transactions) under CST Act, 1956 - Reply By Ashish Chaudhary - The Reply = Credit can be taken only if the Bangalore Agent is registered under Central Excise in the capacity of First Stage Dealer or Second Stage De .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... aler and invoice is issued by him under the provision of Rule 11 of the Central Excise Rules, 2002 . - Reply By Rk Govindan - The Reply = Noted and Thank you Sirs. - Cenvat credit on E1 purchase - Query Started By: - Rk Govindan Dated:- 28-3-2014 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates