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Central Excise - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

CENVAT credit denied on the condition that the capital goods so ...

Case Laws     Central Excise

March 29, 2016

CENVAT credit denied on the condition that the capital goods so supplied by M/s. ITC Ltd. is not a financing company - There is no dispute that the capital goods so procured on lease basis are indeed used in the manufacturer of final product on behalf of M/s. ITC Ltd. - credit allowed - AT

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