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Cenvat on opening stock in case of new registration.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 March 2013 Dear Sir,
how to take Cenvat credit on opening stock in case of new registration? Weather we have to certify the same from Excise department or we just take the credit and start doing work on this.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
20 March 2013 You can take the cenvat credit on opening stock at the time of duty payment.

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