Excise credit

This query is : Resolved 

16 June 2014 please some one tell me we r manufacturing unit, our turnover below 150 lakhs. can we availed excise credit on rawmaterial bill and also on capital good..?

17 June 2014 You cannot avail CENVAT credit if you're claiming SSI exemption.

19 June 2014 if not claiming SSI exemption then you take input and pay duty on sales.


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