TaxTMI 
TaxTMI 
Dear All,
I am working in an 100 percent EOU. We are getting inputs from our vendors on without payment of duty) CT-3.
How can I take credit on the inputs.
cenvat credit on inputs
31 May 2014 
3 Replies 
1687 Views Asked by
Cenvat credit cannot be claimed on inputs supplied under duty-free vendor authorization or bond arrangements.
Inputs received without payment of excise duty under vendor authorization (CT-3) or under a recipient-executed bond for duty-free procurement do not qualify for Cenvat credit because no excise duty has been paid; accounting and compliance must reflect duty-free receipt rather than claiming credit. (AI Summary)
Inputs received without payment of excise duty under vendor authorization (CT-3) or under a recipient-executed bond for duty-free procurement do not qualify for Cenvat credit because no excise duty has been paid; accounting and compliance must reflect duty-free receipt rather than claiming credit. (AI Summary)