How to calculate ratio of availment of cenvat credit in case of builders (residential projects)

I am working as accountant in builder office (who is dealing with residential projects). They are eligible for taking cenvat credit, and as per provision made from 01/04/2016 we can not take 100% of input credit.

So want to know to know how to calculate cenvat credit availment for the same.
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Your best plan is to consult publications by ICAI (The Institute of Chartered Accountants of India). CENVAT (2004) is a possible variation of MODVAT (1986). This documentation is too large to be accommodated in an answer on this website. Check out the Internet using Google or other search engine, or visit the ICAI site.

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