18 August 2014
If we have common inputs which would be used in dutiable and exempted goods, and the proportion of usage of inputs in dutiable goods is 75-80%, but separate storage location & books could not be maintained for exempted goods, can we avail cenvat credit pertaining to usage in dutiable goods (we only know what is the quantity issued to exempted goods with out any batch wise control).
Also would like to know whether maintaining track in ERP system for receipt and issues mean separate records?
CAclubindia
