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Central Excise - Highlights / Catch Notes

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CENVAT credit - credit availed during setting up of the plant - ...

Central Excise

May 30, 2017

CENVAT credit - credit availed during setting up of the plant - It is obvious that when the project work of renovation and modernization of the plant is undertaken, it takes some time and after gestation period, the plant comes into operation and whatever goods manufactured out of that plant is cleared on payment of duty - credit allowed - AT

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