https://www.taxtmi.com/forum/issue?id=4190 Where a second hand capital good remains in use for manufacturing, the purchaser may claim both CENVAT credit and input tax credit; credit for capital goods is to be availed in two instalments across consecutive financial years. The seller is required to charge excise duty at the prevailing rate on the invoice value. en-us Sun, 27 May 2012 18:10:19 +0530 Thu, 23 Jan 2025 15:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4190 Where a second hand capital good remains in use for manufacturing, the purchaser may claim both CENVAT credit and input tax credit; credit for capital goods is to be availed in two instalments across consecutive financial years. The seller is required to charge excise duty at the prevailing rate on the invoice value. Discussion-Forum Central Excise Sun, 27 May 2012 18:10:19 +0530 https://www.taxtmi.com/forum/issue?id=4190