CENVAT CREDIT ON INVOICE ISSUED BY DEALER FOR IMPORT GOODS

[SURYAKANT MITHBAVKAR]

We have purchased import material from our dealer who is registered with C. Excise and he has passed on the CVD plus additional duty to us.

Under Notification No. 08/2014-C.E. (NT), 09/2014-C.E.(NT), 10/2014-C.E.(NT).11/2014-C.E. (NT) w.e.f. 01.04.2014 can we avail cenvat credit for the same since the dealer is not a Importer. He is only a Dealer registered with C.Excise.

However please explain us the above notification.

AI Summary

Eligibility for CENVAT Credit on Imported Goods via Registered Dealer: Clarifications and Implications Under April 2014 Notifications A query was raised regarding the eligibility to avail CENVAT credit on imported goods purchased from a dealer registered with Central Excise, rather than directly from an importer. The concern was whether credit could be claimed under specific notifications effective from April 1, 2014. Responses varied: one indicated that credit could be claimed based on the dealer's invoice if the dealer is registered, but issues may arise if the original importer is not registered. Another response sought clarification on eligibility for CENVAT credit on capital goods and the timing of its utilization. A third response questioned the implications if the dealer imported the goods directly.