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Excise paid on capital goods

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 September 2015 Dear experts,
we are registered in excise and we have paid excise on capital goods, plz let me know can we avail 100% cenvat credit on capital goods in this FY 2015-16,


thanx & regard
Tanvi solanki
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
24 September 2015 Only SSI unit can avail 100% cenvat credit on capital goods other wise you need to take 50% current period and remaining next financial year.

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