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Central Excise - Highlights / Catch Notes

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100% EOU - Cenvat Credit - denial on the ground that tractors ...

Central Excise

March 13, 2018

100% EOU - Cenvat Credit - denial on the ground that tractors are not capital goods as defined under CCR 2004 since not installed within the factory premises - when the notification does not provide the definition of capital goods, the same has to be construed as used in common parlance. - AT

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