Distribution of credit on inputs: warehouse invoices permit manufacturers to claim Cenvat credit with dealer-style compliance applied. A manufacturer with one or more factories may claim Cenvat credit for inputs received under invoices issued by the manufacturer's warehouse, where the ... Summary
Distribution of credit on inputs: warehouse invoices permit manufacturers to claim Cenvat credit with dealer-style compliance applied.
A manufacturer with one or more factories may claim Cenvat credit for inputs received under invoices issued by the manufacturer's warehouse, where the warehouse receives inputs under the documents specified by the receipt rules, and the provisions applicable to first and second stage dealers apply mutatis mutandis to such warehouse.
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