Clarification regarding Cenvat Credit in transit sale through dealer


Clarification regarding Cenvat Credit in transit sale through dealer
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Wednesday, May 6, 2015
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Dear all,

We are in receipt of a circular issued by Government of India, Department of Revenue, Central Board of Excise and Customs on 05/05/2015. The scanned copy of the said circular is attached herewith. The circular has been forwarded to our association by one of our colleague member Shri Dillip Parmar to share the information with our colleague industries.

The said circular is in respect of clarification  regarding Cenvat Credit in transit sell through dealer. You are requested to go through the circular which has been issued by Government of India on representation from trade regarding the scope and purpose of 3rd and 4th proviso inserted in sub-rule(2) of rule 11 particularly with reference to procedural requirement after the amendment where an indenting or unregistered dealer negotiates transit sale. In this respect, the Central Board of Excise and Customs has issued the various clarifications to avoid any ambiguity.

This is for your information and necessary action.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association

Narendra Trivedi
Secretary


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