Cenvat Credit issue

[Asked by Guest]

dear sir,

1 year old machinery (GOOD COMPLETE) not send this product is exempted product this cenvat credit no.

can use the product in excise goods (Goods excitable) and use CENVAT CREDIT on this product But 1 YEAR OLD BILL OF DATE

Urgent

AI Summary

Cenvat credit on capital goods permitted where used for dutiable goods, but not when exclusively for exempted goods.
Cenvat credit on capital goods is not subject to the six-month restriction and may be availed on a one-year-old machine if it is used in the manufacture of dutiable goods; credit is not available where the capital good is used exclusively for exempted goods.