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CENVAT CREDIT ON INVOICE ISSUED BY DEALER FOR IMPORT GOODS

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..... CENVAT CREDIT ON INVOICE ISSUED BY DEALER FOR IMPORT GOODS
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 21-7-2015 Last Reply Date:- 5-8-2015 Central Excise
Got 3 Replies
Central Excise
We have purchased import material from our dealer who is registered with C. Excise and he has passed on the CVD plus additional duty to us. Under Notification No. 08/2014-C.E. (NT), 09/201 .....

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..... 4-C.E.(NT), 10/2014-C.E.(NT).11/2014-C.E. (NT) w.e.f. 01.04.2014 can we avail cenvat credit for the same since the dealer is not a Importer. He is only a Dealer registered with C.Excise. However please explain us the above notification. Reply By Rajagopalan Ranganathan: The Reply: Sir, As far as you are concerned you can take the credit as per your dealer's invoice since he is registered .....

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..... with Central Excise Department. The problem will arise only in respect of your dealer since if the importer from whom your dealer has purchased the imported goods is not registered with Central Excise Department under the notifications mentioned by you the importer cannot pass on the credit of CVD and additional duty to your dealer. Reply By Ravikumar muthusamy: The Reply: Dear Experts My clien .....

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..... t has imported capital goods. Pls advise what are all eligible to take cenvat from the customs bill also advise how soon client has to utilise the same in his liabilities Reply By Chandan Garg: The Reply: Sir, what if the dealer has himself imported the goods and passed on the duty on the basis of his dealer excise number instead of importer excise number?
Discussion Forum - Knowledge Sharing .....

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