CENVAT Credit Available on Voluntary Compliance Scheme Tax Once Accepted by Department and Documentation Issued.

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....CENVAT Credit - credit taken after availing the benefit VCES - The Board’s Circular also clarifies that Cenvat credit is eligible on the tax paid under VCES. As discussed, only when the tax is finally accepted by department and the document is issued, the assessee would be able to avail the credit.....