Cenvat credit: conditions for claiming input credit from first and second stage dealers when duty paid evidence exists. The note sets out that Cenvat credit is claimable when inputs or capital goods are procured via first or second stage dealers, provided dealers issue invoices showing the duty component on a pro rata basis, maintain records evidencing that supplied goods were from duty paid producer stock, and comply with registration, invoice formalities and electronic quarterly return filing requirements.
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Provisions expressly mentioned in the judgment/order text.
Cenvat credit: conditions for claiming input credit from first and second stage dealers when duty paid evidence exists.
The note sets out that Cenvat credit is claimable when inputs or capital goods are procured via first or second stage dealers, provided dealers issue invoices showing the duty component on a pro rata basis, maintain records evidencing that supplied goods were from duty paid producer stock, and comply with registration, invoice formalities and electronic quarterly return filing requirements.
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