Fire Extinguishers Classified as Capital Goods u/r 2(A)(i) of CENVAT Credit Rules; Credit Allowance Justified.

CENVAT Credit - Fire extinguishers are qualified under Chapter 84. Hence, are the capital goods in view of Rule 2 (A) (i) of CCR. Otherwise also fire extinguishers are the statutory mandate for any premise to be sanctioned for its use - credit allowed. .....

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