https://www.taxtmi.com/forum/issue?id=2411 Rule 4(2)(a) permits Cenvat credit on capital goods only up to fifty per cent of duty paid in the financial year of receipt, with the remaining fifty per cent claimable in the next financial year. If the initial fifty per cent was not availed in the year of purchase, the entire credit may be taken in the subsequent year provided the department is intimated. en-us Wed, 01 Dec 2010 16:12:45 +0530 Thu, 23 Jan 2025 15:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2411 Rule 4(2)(a) permits Cenvat credit on capital goods only up to fifty per cent of duty paid in the financial year of receipt, with the remaining fifty per cent claimable in the next financial year. If the initial fifty per cent was not availed in the year of purchase, the entire credit may be taken in the subsequent year provided the department is intimated. Discussion-Forum Customs Wed, 01 Dec 2010 16:12:45 +0530 https://www.taxtmi.com/forum/issue?id=2411