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CENVAT credit - capital goods - The definition of capital goods in the Companies Act would determine which goods can be capitalized. The definition of capital goods in the Central Excise Act would determine the availability of credit on the goods.

Central Excise - CENVAT credit - capital goods - The definition of capital goods in the Companies Act would determine which goods can be capitalized. The definition of capital goods in the Central Excise Act would determine the availability of credit on the goods. - TMI Updates - Highlights .....

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