https://www.taxtmi.com/forum/issue?id=110187 Where an invoice contains both capital goods treated as input (qualifying small-value items) and higher-value capital goods, CENVAT credit must be apportioned: credit for qualifying small-value items is taken to the input credit account, while credit for higher-value items is accounted under capital goods, necessitating separate ledger entries, registers, and supporting invoice references or tax codes to ensure compliance and auditability. en-us Thu, 14 Apr 2016 10:27:46 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110187 Where an invoice contains both capital goods treated as input (qualifying small-value items) and higher-value capital goods, CENVAT credit must be apportioned: credit for qualifying small-value items is taken to the input credit account, while credit for higher-value items is accounted under capital goods, necessitating separate ledger entries, registers, and supporting invoice references or tax codes to ensure compliance and auditability. Discussion-Forum Central Excise Thu, 14 Apr 2016 10:27:46 +0530 https://www.taxtmi.com/forum/issue?id=110187