Cenvat Credit on documents

[ASHOK AMIN]

Dear Experts,

A manufacturer maintains pre-printed invoice in five copies - Original for buyer, duplicate for transporter, triplicate for assessee, fourth copy for accounts and fifth copy as extra copy. While dispatching the goods the manufacturer encloses the original, duplicate & extra copy, whereas, the third & fourth copy are retained by the manufacturer. Now, the buyer (also a manufacturer) misplaces all the copies (original,duplicate & extra copy) in their factory premises which is not traceable. Can the buyer avail cenvat credit on the photo copy of the invoice duly signed as 'certified true copy'. If not, then what is the solution since there is no such provision available in the law at present.

AI Summary

Can Cenvat Credit Be Claimed on Certified True Copy of Lost Invoice? Experts Weigh In Under Cenvat Credit Rules, 2004. A manufacturer inquires about availing Cenvat credit after a buyer loses all copies of a pre-printed invoice. Experts discuss whether credit can be taken on a certified true copy of the invoice. One expert suggests that credit can be taken based on the circumstances and advises using available copies to satisfy authorities. Another recommends informing excise authorities and filing an FIR for the missing invoices. It is noted that the Cenvat Credit Rules, 2004 do not explicitly allow credit on photocopies, and relief might require litigation. The discussion concludes with appreciation for the advice received.