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2007 (8) TMI 248 - HIGH COURT BOMBAYCapital goods credit – Compounded levy scheme – Even if impugned CG were installed after 1.4.2000, 50% credit is entitled because goods had been received prior to 1.4.2000 – credit cannot be denied in view of clause (5) in the Circular/Letter dated 31st March, 2000, because later a circular dated 3.4.2000 has also been issued – later circular will supersede the earlier one - Dept itself demonstrate that 50% credit is entitled on CG received prior to 01-04-2000 but installed after 01-04-2000
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