Missing of Supplementary Invoices

[Bhairob Chandra Bor]

Dear Sir,

We had raised some supplementary invoices (for excise duty and Vat for price increased) in June 2014 but that invoices are missing somewhere. we don't have taken the receiving from the customer also and accordingly we have not received the payment . how do we correct the things so that there will be no loss of excise duty and Vat amounts. Kindly suggest a solution.

kind regards,

bcb

[MUKUND THAKKAR]

Sir,

send your office copy...if original and duplicate has been lost.

[Bhairob Chandra Bor]

Dear Sir,

Thanks a lot for your reply. one more to clarify that as the time limit has been changed to one year w.e.f 1st March, 2015, hope there will be no problems to take the cenvat credit within one year from the date of invoices. in our case it is now 9 months. kindly advice.

regards,

bcb

[MUKUND THAKKAR]

Sir,

Yes, you can

AI Summary

Cenvat credit time limit of one year allows claiming credit even when supplementary invoices are missing if office copy produced. When supplementary invoices for excise duty and Vat are lost, the immediate administrative step is to send the office copy where original and duplicate are unavailable. The time-limit for claiming cenvat credit has been changed to one year, and if the claimant remains within that one-year period from the invoice date, credit may be taken provided the office copy and other compliance conditions are satisfied.