https://www.taxtmi.com/forum/issue?id=107611 After the prescribed deduction from a taxpayer's cenvat balance, any remaining balance lapses and cannot be utilised for payment of duty on excisable goods. If the taxpayer later meets the turnover threshold for cenvat entitlement, credit may be newly taken only for inputs in stock, inputs in finished goods, or inputs in work-in-progress; the previously lapsed balance remains unavailable. en-us Sat, 22 Nov 2014 00:38:44 +0530 Thu, 23 Jan 2025 15:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107611 After the prescribed deduction from a taxpayer's cenvat balance, any remaining balance lapses and cannot be utilised for payment of duty on excisable goods. If the taxpayer later meets the turnover threshold for cenvat entitlement, credit may be newly taken only for inputs in stock, inputs in finished goods, or inputs in work-in-progress; the previously lapsed balance remains unavailable. Discussion-Forum Central Excise Sat, 22 Nov 2014 00:38:44 +0530 https://www.taxtmi.com/forum/issue?id=107611