CENVAT CREDIT ON DEBIT NOTE
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....ENVAT CREDIT ON DEBIT NOTE<br> Query (Issue) Started By: - AJAY TAGAI Dated:- 15-6-2010 Last Reply Date:- 20-6-2010 Central Excise<br>Got 3 Replies<br>Central Excise<br>DEAR SIR, CAN I CLAIM CENVAT C....
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....REDIT BY DEBIT NOTE Reply By K chandrakar: The Reply: dear ajay NO we cannot claim cenvat on the basic of debit or credit note. for cenvat credit buyer have to raise excisable invoice then only we can....
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.... take cenvat. Reply By CA. Shivani Shah: The Reply: Case where credit allowed on strength of debit note: Pharmalab Process Equipments Pvt. Ltd. v. CCE, Ahmedabad - 2009 (242) E.L.T. 467 (Tribunal) = ....
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....2009 (16) S.T.R. 94 (Tribunal) 2010 (17) S.T.R. 253 (Tri. - Chennai) (matter remanded) Case where credit disallowed on strength of debit note: 2010 (17) S.T.R. 322 (Commr. Appl.) advisable not to t....
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....ake. However, if credit is taken, intimate to the department in writing. However, all details required under Rule 9 of Cenvat Credit Rules, 1994 have to be present on the debit note. Reply By sanjeev....
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.... jadhav: The Reply: As per Rule 9 of Cenvat Credit Rules, 2004, debit note is not a valid excise document for taking cenvat credit. It is better to ask concerned paty to issue supplimentary invoice in....
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....stead of debit note. You can avail cenvat credit on supplimentary invoice.<br> Discussion Forum - Knowledge Sharing ....




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