taking credit on the invoice of transit sale

[MEHUL ASHAR]

Respected Sir,

As regarding above subject, one of my client has got the invoice of transit sale in which our supplier which is a non-excisable dealer is mentioned as consignee & on delivery box there is our address to receive goods.So the question arises that can my client who is an excisable assessee can take the credit of excise on the invoice of transit sale.

Please reply.

thanking u

AI Summary

Input tax credit entitlement: consignee may claim credit using manufacturer or registered importer invoice in transit sales.
CBEC guidance permits a consignee to avail input tax credit on the basis of an invoice issued by the manufacturer or a registered importer where an unregistered dealer negotiates sale of an entire consignment and directs direct transport to the consignee, since the unregistered dealer cannot issue a cenvatable invoice.