Cenvat Credit - Registration Number to be shown on invoice

By Vijay Kumar

Rule 9(2) of the Cenvat Credit Rules, stipulates that no Cenvat Credit can be taken unless all the particulars as prescribed under the Central Excise Rules or the Service Tax Rules are contained in the document (like invoice). However if the document contains

1. details of duty or service tax payable

2. description of the goods or taxable service

3. assessable value

4. name and address of the factory or warehouse or premises of first or second stage dealers or provider of taxable service

then if the Assistant Commissioner/Deputy Commissioner is satisfied that the goods or services covered by the said document have been received and accounted for in the books of the account of the receiver, he may allow the CENVAT credit.

The whole sub rule was substituted in this year’s budget, but obviously while substituting it, they had forgotten something very important, which is now added.

Now the document should also contain the Central Excise or Service Tax registration number of the person issuing the invoice.

NOTIFICATION NO. 19/2007-Central Excise (N.T.) ,Dated : March 7 , 2007