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Cenvat credit utilisation

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 September 2015 Sir,

Our plant expansion is going on and we have availed CENVAT credit on Inputs and Capital Goods , But expansion plant production so far not started so, shall I utilise the CENVAT credit ? aganist duty payment of existing plant.

please advice sir,
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
14 September 2015 You can take the cenvat credit on inputs and capital goods but you need to pay excise duty on final product.

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