TaxTMI 
TaxTMI 
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.
AVAILMENT OF CREDIT ON EXCISE INVOICE STATIONERY
08 Jul 2015 
1 Reply 
2339 Views Asked by
Guest 
Cenvat credit eligibility on invoice stationery affirmed; stationery used in or relating to manufacture qualifies for input credit.
Cenvat credit on stationery and similar goods used in or in relation to manufacture is allowable: items used in a factory or an office within the factory qualify as inputs and credit is permitted unless specifically excluded. Capital goods or inputs used exclusively for exempted goods or exempted services are not eligible. Input services for repair or renovation of factory or office are creditable, and credits for services completed before a prohibition remain available. Allocation between dutiable and exempt uses must follow accounting principles and applicable restrictions. (AI Summary)
Cenvat credit on stationery and similar goods used in or in relation to manufacture is allowable: items used in a factory or an office within the factory qualify as inputs and credit is permitted unless specifically excluded. Capital goods or inputs used exclusively for exempted goods or exempted services are not eligible. Input services for repair or renovation of factory or office are creditable, and credits for services completed before a prohibition remain available. Allocation between dutiable and exempt uses must follow accounting principles and applicable restrictions. (AI Summary)