Cenvat credit on capital goods

50% CENVAT can be claimed in First year..balance in subsequent years

https://wirc-icai.org/wirc_referencer/indirect%20tax/Cenvat%20Credit%20Rules.htm. Check the link for your Query

As per The Cenvat Credit rules, "The credit shall be taken only for an amount not exceeding 50% of the duty paid on capital goods in the same financial year in which capital goods is received. The balance 50% shall be taken in the subsequent financial year. However, in case of small scale manufacturer the credit of 100% of the duty can be taken in the year of receipt of capital goods" Small scale manufacturer Exemption to first clearances of specified goods upto a value of Rs. 1 Crore, if CENVAT facility  not  availed  and exemption to goods captively consumed- Notfn. No. 8/03-CE dated 1.3.2003.