CENVAT Credit

[Guest]

R/Sir,

1. We have 2 offices (one is an office at Delhi and other is a factory at Manesar). Address on our IEC is of Delhi office and excise registration is on Manesar office. Now when goods are imported all clearance documents pertain delhi office address including the BOE which has CENVAT Credit in it. Hence input goods are being received in Delhi office in papers. But in actual they are received in Manesar. Moreover the invoice raised by the foreign vendor has Manesar Address(both Ship to and Bill to). But the document(BOE) which has CENVAT Credit of CVD is addressed to Delhi.

Please guide how the CENVAT Credit can be taken in Manesar.

2. Please specify the practical procedure for export of goods which were imported and CENVAT Credit was booked. What documentation is required in Excise prior and post exporting in relation to CVD? Also include implications of Rule 18 & 19.

Thanks & Regards

AI Summary

Company Faces CENVAT Credit Issues: Goods Received in Manesar, Import Documents Addressed to Delhi Office. Solutions Proposed. A company with offices in Delhi and a factory in Manesar faces issues with CENVAT Credit due to import documents being addressed to the Delhi office, although goods are received in Manesar. The foreign vendor's invoice correctly lists Manesar, but the Bill of Entry (BOE) is for Delhi, complicating credit claims. Experts suggest amending the Import Export Code (IEC) to include the Manesar address and registering the head office as a first-stage dealer to issue cenvatable invoices to the Manesar factory. They discuss implications of VAT/CST and the use of Form F for stock transfers.