TMI BlogNo Need to Reverse CENVAT Credit if Capital Goods Are Not Physically Removed, Rules High Court.Reversal of CENVAT Credit - leasing out the power plant with ancillary equipments to KPPL without removing the capital goods - There is no removal of goods under cover of invoice - credit not required to be reversed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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