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Central Excise - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Reversal of credit - capital goods cleared as such - there ...

Central Excise

November 16, 2018

Reversal of credit - capital goods cleared as such - there cannot be any doubt that the appellant is required to reverse CENVAT Credit/discharge duty on the capital goods after allowing depreciation on the value @ 2.5% per quarter of its use.

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