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Central Excise - Highlights / Catch Notes

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Denial of Cenvat credit on paint as input or not as per rule ...

Central Excise

December 17, 2013

Denial of Cenvat credit on paint as input or not as per rule 2(k) - Paint applied on plant and machinery – The paint is specifically covered by definition of ‘input’ under Rule 2 (k) and there is no condition that its use must be directly by the manufacturer, the cenvat credit on this ground cannot be denied. - AT

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