Cenvat on opening stock in case of new registration.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 March 2013
Dear Sir,
how to take Cenvat credit on opening stock in case of new registration? Weather we have to certify the same from Excise department or we just take the credit and start doing work on this.
how to take Cenvat credit on opening stock in case of new registration? Weather we have to certify the same from Excise department or we just take the credit and start doing work on this.
20 March 2013
You can take the cenvat credit on opening stock at the time of duty payment.
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