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Central Excise - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

CENVAT Credit - capital goods - The mere fact that they have ...

Case Laws     Central Excise

April 1, 2019

CENVAT Credit - capital goods - The mere fact that they have availed depreciation disentitles them to credit. The subsequent filing of revised income tax return might have amounted to reduction of depreciation claim, but it does not make the original claim correct.

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