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Excise credit

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(Querist)
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..?
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CA DEEPAK S K

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CA DEEPAK S K (Expert)
17 June 2014 You cannot avail CENVAT credit if you're claiming SSI exemption.
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Rupesh Jain

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Rupesh Jain (Expert)
19 June 2014 if not claiming SSI exemption then you take input and pay duty on sales.




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