CENVAT Credit

[Asked by 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

CENVAT credit allocation: ensure BOE branch code or first-stage dealer invoice to transfer import credit and comply with export rules.
To secure CENVAT credit at the factory, ensure import documents name the factory by selecting the correct branch code on the Bill of Entry or by amending the IEC; alternatively register the head office as a first-stage dealer and issue a cenvatable invoice to the factory to transfer CVD/SAD credit, while treating the movement as stock transfer and complying with VAT/CST rules. For exports of goods originally imported with CVD credit, follow export-benefit rules and maintain the requisite excise documentation, including Form F and transport support for stock transfers.