Seeking of views of Trade and Industry and Field Formations on the proposed amendment of CENVAT Credit Rules to provide for registration by the importer who wish to issue cenvatable invoices - reg.

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....al has been put up only to elicit public response. No final decision has been taken by Government/ Board. Government/ Board will proceed further in the matter only after due examination of the responses received.] Responses to the proposal may please be sent at [email protected] or faxed to Ms. Hemambika R. Priya, Director (CX-6&8) at 011-23092867 by 31st October, 2009. F.No. 267/83/....

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.... not permissible as per the present provisions of law. Moreover, the said practice is also not in consonance with the present policy of cenvat credit where credit is allowed on the basis of an invoice or other document which carry the registration number of the seller. Rule 9(1)(ii) of the CENVAT Credit Rules, 2004, provides that invoice issued by an importer is a valid document for taking cenvat ....