Availability of Cenvat credit

[Apurba Biswas]

Our HO transfer all cenvat credit to Factory by a Debit note at the end of month as it has taken ISD registration.

Question : Can we claim credit on Rent or Electricity payment of HO in our ER /ST3 return?

AI Summary

Debate on Cenvat Credit Claims for HO via Debit Notes: Validity and Compliance with Cenvat Credit Rules, 2004 A forum discussion addressed the issue of claiming Cenvat credit on rent or electricity payments by a head office (HO) with ISD registration, transferring credit to a factory via a debit note. Participants debated the validity of using debit notes for credit claims, with some supporting its use if it aligns with output services or manufacturing. Concerns were raised about debit notes not being prescribed documents under Cenvat Credit Rules, 2004, emphasizing the need for supporting invoices. The consensus suggested using proper Input Service Distribution mechanisms for credit distribution.