cenvat credit eligible-reg

[Ramakrishnan Seshadri]

Dear Sir,

Whether the cenvat credit is eligible on the invoices received before the excise registration is obtained. can we claim this cenvat credit .

Please clarify.

Thanks & Regards,

S.Ramakrishnan

AI Summary

Cenvat Credit Eligible on Pre-Registration Invoices; Utilization Allowed Post-Registration Per Discussion Forum A discussion forum addressed whether Cenvat credit is eligible on invoices received before obtaining excise registration. Contributors agreed that Cenvat credit can be claimed on such invoices, but utilization is permitted only after registration. It was advised to take online registration and submit a detailed sheet of raw materials and capital goods to the relevant office. Concerns were raised about the lengthy verification process involving officer visits, with suggestions for potentially streamlining this procedure. The responsibility lies with the manufacturer to prove the use of inputs or capital goods for the intended purpose, and officers have discretionary powers for verification.