TaxTMI 
TaxTMI 
How to claim cenvet credit in ST-3 i.e service tax return. Is there any form to claim input benefit under under Cenvat Credit Rule, 2004? What is the remedy, if the said detail claiming cenvet credit not accompanied along with ST-3 return
Procedure to claim cenvet credit in ST-3
24 Mar 2006 
2 Replies 
3218 Views Asked by
Guest 
Cenvat credit claim requires ST 3 entry or GAR 7 filing and supporting invoices to substantiate entitlement.
No separate prescribed form exists to claim Cenvat credit; the revised ST 3 contains a column to record credits, but if details were not filed the department may require supporting invoices and credit particulars for verification. Cenvat may alternatively be claimed or reflected on the GAR 7 challan. Taxpayers must retain documentary evidence and produce it when the department seeks to verify the correctness of the claimed credit. (AI Summary)
No separate prescribed form exists to claim Cenvat credit; the revised ST 3 contains a column to record credits, but if details were not filed the department may require supporting invoices and credit particulars for verification. Cenvat may alternatively be claimed or reflected on the GAR 7 challan. Taxpayers must retain documentary evidence and produce it when the department seeks to verify the correctness of the claimed credit. (AI Summary)