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 E1 sale ' Duplicate' for transporter' invoice.
CENVAT Credit Allowed on E1 Sale with Original Invoice if Agent is Registered Under Rule 11, Central Excise Rules 2002. A query was raised regarding the eligibility to avail CENVAT credit on materials purchased through an E1 sale involving a customer in Ahmedabad and an agent in Bangalore. The discussion concluded that CENVAT credit can be availed if supported by the original invoice on which excise duty was paid. It was agreed that credit is possible if the Bangalore agent is registered under Central Excise as a First or Second Stage Dealer and issues the invoice according to Rule 11 of the Central Excise Rules, 2002. The original poster acknowledged the responses and thanked the contributors. (AI Summary)
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