Cenvat Input

This query is : Resolved

sunil (Querist)
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14 September 2009 Sir,

I want to ask that if we take 50% Cenvat Input (Excise Input on Machiney) for the same year and next year how treat that I mean Opening Balance OR FRESH Credit (50%), please guide me.

Thanking you in anticipation.

my e-mail id = sunil_kumar10520@yahoo.com

Shyam Lal Naik

Shyam Lal Naik (Expert)
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15 September 2009 You can carry forward the balance 50% in Cenvat Deferred A/c and treat the same as opening balance. Transfer the same to Cenvat Availed A/c. on 01.04

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