TaxTMI 
TaxTMI 
Our vendor raise excise invoice and charged excise with abatement discount @35%.
In above case can we avail cenvat credit against the same invoice since material taken as input for our final product which is excisable.
Pl. advise.
CENVAT CERDIT UNDER ABATEMENT
03 Aug 2016 
3 Replies 
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Cenvat credit entitlement permitted where supplier invoices excise duty after abatement; service tax abatement rules differ.
Whether Cenvat credit can be claimed where the supplier issues an excise invoice charging duty after applying an abatement for goods used as inputs in an excisable final product; contributors conclude the duty shown on the supplier's invoice is eligible for Cenvat credit, noting no applicable Central Excise restriction in the facts and distinguishing Service Tax abatement-credit rules. (AI Summary)
Whether Cenvat credit can be claimed where the supplier issues an excise invoice charging duty after applying an abatement for goods used as inputs in an excisable final product; contributors conclude the duty shown on the supplier's invoice is eligible for Cenvat credit, noting no applicable Central Excise restriction in the facts and distinguishing Service Tax abatement-credit rules. (AI Summary)