Dear All,
We are a Manufacturing industry, We have some input capital goods invoices which is not contain our ECC/Excise Regn No, Those invoices are eligible to take a Credit? If we take a credit on that excise dept will disallow those? But those invoices contain out complete factory address and the proof to enter into out factory(gate entry Seal)
Waiting for your valuable suggestions..
Manufacturers Can Claim Excise Credit on Invoices Without ECC Number if Address and Entry Proof Provided, Per Cenvat Rules 2004. A manufacturing industry inquired about the eligibility to claim excise credit on capital goods invoices lacking their ECC/Excise Registration Number but containing their complete factory address and gate entry proof. One respondent advised that credit could be availed if the invoices have the correct address and proof of receipt, subject to a one-year limit under Cenvat Credit Rules, 2004. Another respondent concurred, adding that fifty percent of credit should be claimed in the purchase year, with the remainder in the following year, unless the goods are valued at 10,000 or less, in which case full credit is allowed in the first year. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
