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Central Excise - Highlights / Catch Notes

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Cenvat credit cannot be denied on capital goods used in the ...


Cenvat Credit Allowed on Capital Goods for Exempt Intermediate Products Used in Taxable Finished Goods Production.

October 17, 2014

Case Laws     Central Excise     HC

Cenvat credit cannot be denied on capital goods used in the manufacture of exempt intermediate products exempt from payment of duty, which are used captively in the manufacture of finished goods chargeable to duty. - HC

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