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Central Excise - Highlights / Catch Notes

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MODVAT credit - iron and steel products - welding items - the ...

Central Excise

March 21, 2017

MODVAT credit - iron and steel products - welding items - the word ‘include’ in the definition of inputs cannot be given a restrictive approach. The items shown in the table would fall under the category of capital goods or inputs - AT

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