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TMI BlogCenvat Credit on Digital Signed InvoiceX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir Please suggest - Can we take credit on digital signed invoices If yes, Could any document would taken from Vendor prior to taken credit - Reply By Rajagopalan Ranganathan - The Reply = Sir, Rule 11 (8) and (9) of Central Excise Rules, 2002 stipulates that an invoice issued under this rule by a manufacturer may be authenticated by means of a digital signature: Provided that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... where the duplicate copy of the invoice meant for transporter is digitally signed, a hard copy of the duplicate copy of the invoice meant for transporter 12 [***] shall be used for transport of goods. (9) The Board may, by notification, specify the conditions, safeguards and procedure to be followed by an assessee using digitally signed invoice. Explanation . - For the purposes of rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10 and this rule, the expressions, authenticate , digital signature and electronic form shall have the respective meanings as assigned to them in the Information Technology Act, 2000 (21 of 2000). Please see Notification No. 18/2015-CE (NT) dated 6.7.2015 for the conditions, safeguards and procedure to be followed by ab assessee using digitally signed invoice. - Reply By surya narayana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = I fully agree with the clarification given by Shri. Rajagopalan Ji. Best Regards Suryanarayana - Reply By Ganeshan Kalyani - The Reply = Sir, yes the credit can be taken on digitally signed documents. Please reframe your second para, I could not get what you are trying to ask us. Thanks. - Reply By KASTURI SETHI - The Reply = I also could not understand the message of quer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y. Will the questioner like to redraft ? Nothing should remain unanswered. - Reply By Rajagopalan Ranganathan - The Reply = Sir, What I under stand by your second query, that is, Could any document taken from vendor prior to taken credit whether credit can be taken if any document received from vendor purporting to be an invoice, my answer is no. Credit can be taken only on receipt of invoi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce along with input materials. If invoice alone received prior to receipt of inputs you can the credit only on receipt of the inputs. As per rule 11 (2) of Central Excise Rules, 2002 the invoice shall be serially numbered and 1 [shall contain the registration number, address of the concerned Central Excise division ,] name of the consignee, description, classification, time and date of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... removal, mode of transport and vehicle registration number, rate of duty, quantity and value, of goods and the duty payable thereon. if any document issued by the vensor complies with the above rule then only it will be a valid document on the basis of which you can take the credit. - Reply By POLYPLEX CORPORATION LTD. - The Reply = Could any document would taken from Vendor prior to taken cred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it means whether we take the photocopy of the intimation given to Excise Authority by vendor for approving the digital signature. - Reply By POLYPLEX CORPORATION LTD. - The Reply = thanks sir for your valuable opnioun. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Para 2 of Notification 18/2015-CE (NT) dated 6.7.2015 stipulates that- (i) Every assessee proposing to use digital ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... signatures shall intimate the following details to the jurisdictional Deputy Commissioner or Assistant Commissioner of Central Excise, at least fifteen days in advance:- a) name, e-mail id, office address and designation of the person authorised to use the digital signature certificate; b) name of the Certifying Authority; c) date of issue of digital certificate and validity of the digita ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l signature with a copy of the certificate issued by the Certifying Authority along with the complete address of the said Authority: Provided that in case of any change in the details submitted to the jurisdictional Deputy Commissioner or Assistant Commissioner, complete details shall be submitted afresh within fifteen days of such change. (ii) Every assessee already using digital signature ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall intimate to the jurisdictional Deputy Commissioner or Assistant Commissioner of Central Excise the above details within fifteen days of issue of this notification. Once you supplier of inputs filed the above referred declaration to his jurisdictional Assistant/Deputy Commissioner, then he can issue digitally signed invoices and on the basis of which you can take credit. No prior approval ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from the said authority is required for issuing digitally signed invoice. - Cenvat Credit on Digital Signed Invoice - Query Started By: - POLYPLEX CORPORATION LTD. Dated:- 30-3-2016 Central Excise - Got 8 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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