Cenvat on opening stock on excise-able goods.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 April 2013 Dear Sir,
I had registered by firm with excise department on 15th march,2013. The physical verification of premises has been don by the department but they didn't check the stock.
Now I am going to file my first excise return and want to know that weather I can claim CENVAT in this return without consulting with department or I have to take permission of department to take credit??

Arun Kumar Singh

Arun Kumar Singh (Expert)
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09 April 2013 No need to take the permission with excise department for taking cenvat credit. but if you are paying the duty then you can take the cenvat credit. cenvat credit will be eligible at the laying stock after the duty payment of excise.