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Cenvat credit of excise

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06 June 2013 My client is in Textile industry. Unit is engaged in production of both dutiable and exempted goods. No separate books of account is maintained by the unit. As a result, unit is claiming the proportionate credit of excise and service tax used in the manufacture of dutiable and exempted goods. Unit is using the yarn both from in house production and purchase from outside in the production of fabric. Unit is also claiming proportionate Cenvat credit on fibre used in the production of inhouse yarn. I just want to know, can unit claim 100% Cenvat credit of excise on purchase of yarn exclusively used for manufacture of the dutiable goods (i.e. export).
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
21 June 2013 You can take the cenvat credit 100% if you have to pay 6% excise duty on exempted goods on DTA sale.
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