Understanding the Assignment of the Percentage of Cenvat Credit

You use the Credit Distribution Percentage program (P75I011) to assign the percentage of Cenvat credit to an item type, such as CAP (capital goods) or INP (input). You can also use this program to:

• Identify ways in which to recover amounts for a tax type.

• Identify ways in which to recover the partial percentage of the Cenvat credit.

• Move the credits for an item type from one tax type to another.