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ST PLANT DUTY CREDIT

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..... we are given pkg order to party for setup water treatment plant, he imports material and reimbursement of cenvat and additional duty and cvd from us can we take cenvat credit on that BE but there is no ref of our company, how can we claim the duty , party is issuing the letter to us can we take credit on that - Reply By YAGAY AND SUN - The Reply = It seems that your supplier is not regis .....

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..... tered with Central Excise Department as registered importer. However, since ownership and usage will be yours then subject to CENVAT credit Rules, 2004 provisions you may avail the CENVAT credit. Also check with your jurisdictional range officers. - Reply By KASTURI SETHI - The Reply = Letter is not valid doc for taking credit under Rule 9 of Cenvat Credit Rules, 2004. You cannot take cre .....

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..... dit on the strength of Bill of Entry which is not in your name. - Reply By Ganeshan Kalyani - The Reply = I agree with the views of Sri Kasturi Sir. - Reply By MUKUND THAKKAR - The Reply = suggested by Sh.Kasturi Sethiji is 100% right ... you are not eligible to take cenvat credit.. - Reply By YAGAY AND SUN - The Reply = Since your supplier is providing you with the Bill of Entry, y .....

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..... ou could be eligible but there was change in law in 2015 which made mandatory for the importer of the goods to get them registered with the Central Excise Department as registered importer if they willing to pass on the CENVAT credit on imported goods sold as such. Due to change in law you are not eligible to avail the CENVAT credit. Issuance of letter are the secondary issues and there is no rele .....

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..... vance of such letter that whether it is defined as appropriate document under Rule 9 or not. - Reply By Ganeshan Kalyani - The Reply = In my view there is valid reason to check whether the letter is a cenvatable document or not as per rule mentioned before availing the credit . Also the passing of credit mechanism by a registered dealer is already in place in the provision. Thanks. - Reply .....

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..... By SHARMA NARAYAN - The Reply = can we take credit on below ref in the terms of Rule 9(1)(C) of cenvat credit Rules 2004 r/w Public Notice No.16/2006 dtd. 22-03-2006 P.N.NO. 34/06 Dt.24.05.06 both issued by commr.customs (import) mumbai Pls guide - Reply By Himansu Sha - The Reply = Rule 9 prescribes certain conditions about mention of various parameters which is lacking in you .....

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..... r case. He cannot pass on the credit to you. Your name must have been there as consignee - ST PLANT DUTY CREDIT - Query Started By: - SHARMA NARAYAN Dated:- 23-2-2017 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 - TMI - TaxTMI .....

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..... - TMITax .....

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