Dear Sir,
One party is supplying water to us for industrial construction work in industry. Bill description written on the bill as Water Supply With Water Tanker.
Somebody advised me is needed to be corrected in bill description as Water Supply With Water Tanker for Industrial purpose.Otherwise we cannot avail CENVAT Credit.
Please explain.
Thanks & Regards,
Sanjay Vasava
Is 'industrial purpose' description needed on invoices to claim CENVAT credit for water supply? Evidence can suffice. A discussion on a forum addresses the issue of service tax credit eligibility related to water supply for industrial construction. The initial query concerns whether the invoice description should specify 'for industrial purpose' to claim CENVAT credit. Respondents argue that while adding such a description might help, it is not legally necessary if the service's industrial nature can be proven through other evidence. The consensus is that the nexus between input service and the final product is crucial, and the description on the invoice, while potentially beneficial, is not a strict requirement. (AI Summary)