https://www.taxtmi.com/forum/issue?id=111265 The core operative rule is that CENVAT credit on pre registration purchases is generally subject to a time limit (commonly one year for invoices before registration), but capital goods may be claimed in two instalments across two financial years. The Third Proviso to Rule 4(2)(a) permits an assessee eligible for exemption based on clearance value (such as an SSI unit) to claim CENVAT credit for the whole duty on capital goods in the same financial year, with utilisation postponed until excise registration. en-us Sat, 24 Dec 2016 13:09:10 +0530 Thu, 23 Jan 2025 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111265 The core operative rule is that CENVAT credit on pre registration purchases is generally subject to a time limit (commonly one year for invoices before registration), but capital goods may be claimed in two instalments across two financial years. The Third Proviso to Rule 4(2)(a) permits an assessee eligible for exemption based on clearance value (such as an SSI unit) to claim CENVAT credit for the whole duty on capital goods in the same financial year, with utilisation postponed until excise registration. Discussion-Forum Central Excise Sat, 24 Dec 2016 13:09:10 +0530 https://www.taxtmi.com/forum/issue?id=111265