<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Availment and utilisation of excise</title>
    <link>https://www.taxtmi.com/forum/issue?id=1139</link>
    <description>Manufacturer under SSI exemption may avail cenvat credit on capital goods, inputs and input services by posting it in the cenvat register while exemption applies, but cannot utilise that credit for payment of excise duty until the exemption ends; when turnover exceeds the SSI threshold and duty is chargeable, previously availed credit, including on capital goods, may be utilised against excise liability.</description>
    <language>en-us</language>
    <pubDate>Sat, 02 May 2009 13:44:06 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:58:47 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=315612" rel="self" type="application/rss+xml"/>
    <item>
      <title>Availment and utilisation of excise</title>
      <link>https://www.taxtmi.com/forum/issue?id=1139</link>
      <description>Manufacturer under SSI exemption may avail cenvat credit on capital goods, inputs and input services by posting it in the cenvat register while exemption applies, but cannot utilise that credit for payment of excise duty until the exemption ends; when turnover exceeds the SSI threshold and duty is chargeable, previously availed credit, including on capital goods, may be utilised against excise liability.</description>
      <category>Discussion-Forum</category>
      <law>Central Excise</law>
      <pubDate>Sat, 02 May 2009 13:44:06 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=1139</guid>
    </item>
  </channel>
</rss>