When capital goods and inputs (Stock Item Type set to Capital Goods or Inputs in the stock item master) are selected in a single excise purchase invoice, the CENVAT credit cannot be availed in the same invoice.
You need to record the following journal vouchers to avail credit:
● Journal voucher for availing credit on capital goods by selecting Availment of CENVAT Credit (Capital Goods) as the Nature of adjustment, with the applicable Nature of Purchase. In the journal vouchers, debit and credit the CENVAT ledger. The value of this transaction gets displayed as CENVAT credit availed in Form RG 23C Part II and Annexure 10.
● Journal voucher for availing credit on inputs by selecting Availment of CENVAT Credit (Inputs) as the Nature of adjustment, with the applicable Nature of Purchase. In the journal vouchers, debit and credit the CENVAT ledger. The value of this transaction gets displayed as CENVAT credit availed in Form RG 23A Part II and Annexure 10.
'How to avail CENVAT credit on capital goods and inputs purchased through a single invoice? How can I view this in RG 23 Part II and Annexure 10? (Excise for Manufacturer)' has been shared with
