Cenvat cretit reverse

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 February 2016 Dear Experts
Manufacturing unit registered in central excise but firm work under exemption. firm has taken input credit of raw material purchase and capital goods and mention in quarterly return. now firm can be reversed the cenvat credit of raw material. if yes, pl.solve the with clause.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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04 March 2016 Your query is not clear. If you are under ssi exemption and not paying excise duty then you cannot take the cenvat credit on input, input services and capital goods.