Cenvat credit/capital goods

EXICSE (Legacy) 590 views 1 replies

Dear Sirs, 

An assessee taken Central Excise registration on 05.09.2013, A moulding machine purchased on 31.03.2013, duty involved 200000/- it is also depreciated @ 7.5% in FY-2012-13 accounts, my Que. is shal we eligible for avail cenvat credit  on lying C/goods as on 05.09.2013. At the time of registration there is any provision to avail cenvat credit on C/goods lying stock.  

Please clarify. 

 

Replies (1)

Dear Mr. Rameshkumar.

I think there is no option to take credit on this because ur are enjoying exemption benefit until registeration. then only you can pay duty for your despatch.

Regards

Ananthakumar

9994980047


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details