https://www.taxtmi.com/manuals?id=751 Cenvat credit is admissible only on original, properly particularised documents where inputs, capital goods or input services are received and used for dutiable manufacture or taxable services; ineligible, duplicate or incomplete documents and services not used in manufacture (including outward freight) are not creditable. Registrants must reverse credit for inputs/capital goods sold or used in exempted goods, apply a ten percent adjustment on nil-rate clearances where credit-supported inputs serve both dutiable and exempted outputs, ensure capital goods/input sent for job work are returned within the prescribed period, and avoid claiming both Cenvat credit and income-tax depreciation or claiming full capital goods credit in a single year contrary to staged entitlement. en-us Sun, 22 Jul 2012 12:08:00 +0530 Sun, 22 Jul 2012 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=751 Cenvat credit is admissible only on original, properly particularised documents where inputs, capital goods or input services are received and used for dutiable manufacture or taxable services; ineligible, duplicate or incomplete documents and services not used in manufacture (including outward freight) are not creditable. Registrants must reverse credit for inputs/capital goods sold or used in exempted goods, apply a ten percent adjustment on nil-rate clearances where credit-supported inputs serve both dutiable and exempted outputs, ensure capital goods/input sent for job work are returned within the prescribed period, and avoid claiming both Cenvat credit and income-tax depreciation or claiming full capital goods credit in a single year contrary to staged entitlement. Manuals Central Excise Sun, 22 Jul 2012 12:08:00 +0530 https://www.taxtmi.com/manuals?id=751