10Feb
Is it necessary to show the purchase details while issuing cenvat invoice to customer. Is there an option to not to disclose the purchase information like supplier name and address,purchase quantity etc. in the cenvat invoice.?
the relevant provisions for availing cenvat credit for dealer invoices are Rule 9(1)(a)(iv), 9(2) and 9(4) of Cenvat Credit Rules 2004. Hence, if the details such as name of supplier, amount of duty on pro rata basis etc. are not mentioned in the invoice, the customer is not eligible for the credit for the particular dealer invoice. since the purpose of issuing dealer invoice is to avail cenvat credit it is advisable to incorporate all the details in the invoice. In the absence of the details, the customer may loss the credit. Rather than an option, it is a requirement by the dealer to incorporate all the details to avail the credit by the customer.