Excise Credit availed on Capital Goods

[Balamurugan R]

Dear All,

We are a Manufacturing industry, We have some input capital goods invoices which is not contain our ECC/Excise Regn No, Those invoices are eligible to take a Credit? If we take a credit on that excise dept will disallow those? But those invoices contain out complete factory address and the proof to enter into out factory(gate entry Seal)

Waiting for your valuable suggestions..

AI Summary

Excise credit on capital goods permitted with proof; subject to time limits and phased claim rules.
Excise credit on capital goods is available where invoices show the correct factory address and supporting receipt evidence, subject to the time limit under the Cenvat Credit Rules, 2004; credit is claimed in a phased manner for capital goods unless classified as inputs under the regulatory threshold, in which case full credit is allowed in the year of acquisition.