AVAILMENT OF CREDIT ON EXCISE INVOICE STATIONERY

[SANDESH SHINDE]

Dear Sir,

Please explain whether we can avail credit on excise invoice stationery, If yes please explain under which rule and please give us any references regarding this,Thanks & Regards.

AI Summary

Clarification on CENVAT Credit Rules 2004: Credit not allowed for capital goods used exclusively for exempt goods/services. An individual inquired about the eligibility to avail credit on excise invoice stationery under the Central Excise regulations. A respondent directed the inquirer to refer to paragraph 3 of Circular No.943/04/2011-CX, which provides clarifications on issues related to the CENVAT Credit Rules 2004. The circular outlines various scenarios regarding the availment of credit, emphasizing that credit is not allowed for capital goods used exclusively for exempted goods or services, and provides guidance on other related issues such as input services and trading.