Av ailment of CENVAT Credit on Electronically / Computer Generated Invoice

[Pradeep Jain]

Sir,

 

We are getting Electronically / Computer Generated Invoice from :-

1-our Freight Fowarder for our Export and Import Shipment and

2- from the Banks

 

Following mentioned on the said invoice:-

' This is an electronically / computer  generated invoice. It does not require a signature. It should be considered an ORIGINAL.

Our Query is that:-

Is the above said document is valid for availment of CENVAT Credit or the CENVAT Credit can be availed on the basis of the said invoice.

 

Regards

 

Pradeep Jain

[YAGAY andSUN]

There's no such provision in the CENVAT credit Rules, 2004 as amended time to time.  This aspect may be clarified from the Department through advance ruling.

[CASeetharaman KC]

Authentication of invoices by Authorised signatory is a pre requisite to availment of CENVAT credit. Credit availed on unsigned invoiices is liable to be rejected. 

[POLYPLEX CORPORATIONLTD]

Sir

Is there any notification or judgement to avail cenvat credit on above said judgement.

AI Summary

Authentication of invoices may be required for CENVAT credit; unsigned electronic invoices risk rejection; seek advance ruling. Query whether electronically/computer-generated invoices stating they do not require a signature can be used to avail CENVAT credit. Responses note no express provision in the CENVAT credit rules permitting unsigned electronic invoices and recommend seeking an Advance Ruling. It is further stated that Authentication of invoices by an authorised signatory is a prerequisite and that credit availed on unsigned invoices is liable to be rejected.