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Use of cenvat credit prior to production

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2016 We have manufacturing unit to manufacture product 'X'

in same premises we have taken up new project to manufacture product 'Y' manufacturing activity of product 'Y' will start after 6 month.

can i use the credit of capital goods purchased for product 'Y' against my duty liability of product 'X''s sale??
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
29 November 2016 Yes, you can only take the credit but not utilized for other manufactured goods.

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