CENVAT Credit Denied: Chartered Accountant's Certificate Insufficient Without Actual Receipt of Goods in Factory.

CENVAT Credit Denied: Chartered Accountant's Certificate Insufficient Without Actual Receipt of Goods in Factory. https://www.taxtmi.com/highlights?id=32589 CENVAT credit - certificate of the Chartered Accountant is not based on the visit of the CA to the factory but it is based on the books of accounts and the balance sheet. The credit cannot be allowed simply on the basis of the entry made in the books of accounts without actual receipt of the goods. - AT en-us Thu, 29 Dec 2016 11:42:05 +0530 Thu, 29 Dec 2016 11:42:05 +0530 TaxTMI RSS Generator CENVAT Credit Denied: Chartered Accountant's Certificate Insufficient Without Actual Receipt of Goods in Factory. https://www.taxtmi.com/highlights?id=32589 CENVAT credit - certificate of the Chartered Accountant is not based on the visit of the CA to the factory but it is based on the books of accounts and the balance sheet. The credit cannot be allowed simply on the basis of the entry made in the books of accounts without actual receipt of the goods. - AT Highlights Central Excise Thu, 29 Dec 2016 11:42:05 +0530 https://www.taxtmi.com/highlights?id=32589