Input credit on stock in hand
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 July 2013
Pls. tell me, how to claim input credit on stock in hand on the day of excise registration..
Arun Kumar Singh
(Expert)
05 July 2013
You have to start the paying of excise duty after registration. You can take the cenvat credit on laying stock of the input in the factory.
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