https://www.taxtmi.com/forum/issue?id=107402 Manufacturers of both dutiable and exempt goods may claim Cenvat credit only by complying with Rule 6: maintain separate books of accounts, reverse proportionate credit attributable to exempted output, or make the stipulated payment on removal of exempt goods. Capital goods used commonly are generally eligible for full credit unless exclusively for exempt goods. For input services, either keep segregated records or apportion eligible credit by multiplying eligible credit by the ratio of dutiable goods value to total goods value; a payment option may be practical when exempt output is minimal. en-us Fri, 26 Sep 2014 09:34:30 +0530 Thu, 23 Jan 2025 15:57:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107402 Manufacturers of both dutiable and exempt goods may claim Cenvat credit only by complying with Rule 6: maintain separate books of accounts, reverse proportionate credit attributable to exempted output, or make the stipulated payment on removal of exempt goods. Capital goods used commonly are generally eligible for full credit unless exclusively for exempt goods. For input services, either keep segregated records or apportion eligible credit by multiplying eligible credit by the ratio of dutiable goods value to total goods value; a payment option may be practical when exempt output is minimal. Discussion-Forum Central Excise Fri, 26 Sep 2014 09:34:30 +0530 https://www.taxtmi.com/forum/issue?id=107402