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Manoj Sehrawat (Querist)
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16 December 2010 Dear Sir/Madam
we manufactures dutiable and exempted goods to use dutiable or without dutiable inputs
tell me how to maitain the record and how can utilized cenvat credit

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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16 December 2010 Please Clarify UR Q

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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27 December 2010 One option could be that for dutiable products the duty paid inputs used are tobe captured [ maybe from stock records] and then credit admissible maybe availed. Capital goods used even partially FULL credit is available.
Inputs follow the :
100 % credit on services used exclusively for taxable
NIl % on services used exclusively for exempted.
100% 16 common services
On balance common proportinate as per rule 6.

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