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Central Excise - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

CENVAT Credit on capital goods - there is no time limit is ...

Case Laws     Central Excise

January 14, 2020

CENVAT Credit on capital goods - there is no time limit is stipulated under the Cenvat Scheme, for taking credit on capital goods, since as per the scheme, the balance credit can be deferred by an assessee to be taken in any financial year or years, subsequent to the financial year in which the capital goods were received.

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