https://www.taxtmi.com/article/detailed?id=5671 If excise is restored, duty will attach to removals from manufacturers' premises from budget midnight; stock present then may qualify for cenvat credit only with valid duty-paying documents. Manufacturers should undertake stock-taking at that moment, consider stamping documents to evidence pre-budget manufacture, and procure capital goods/inputs on duty-paid invoices to secure credit. Small-scale exemption eligibility depends on prior-year clearance thresholds, with larger clearances triggering immediate liability and smaller units retaining limited exemption until prescribed turnover bands are exceeded. en-us Wed, 18 Jun 2014 11:12:13 +0530 Wed, 18 Jun 2014 11:12:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5671 If excise is restored, duty will attach to removals from manufacturers' premises from budget midnight; stock present then may qualify for cenvat credit only with valid duty-paying documents. Manufacturers should undertake stock-taking at that moment, consider stamping documents to evidence pre-budget manufacture, and procure capital goods/inputs on duty-paid invoices to secure credit. Small-scale exemption eligibility depends on prior-year clearance thresholds, with larger clearances triggering immediate liability and smaller units retaining limited exemption until prescribed turnover bands are exceeded. Articles Central Excise Wed, 18 Jun 2014 11:12:13 +0530 https://www.taxtmi.com/article/detailed?id=5671