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<h1>Understanding Key Definitions in Cenvat Credit Rules 2004: Capital Goods, Exempted Goods, Inputs, and Services Explained</h1> The Cenvat Credit Rules, 2004, define key terms related to excise and service tax credits. 'Capital goods' include specific machinery, pollution control equipment, and certain vehicles used in manufacturing or service provision. 'Exempted goods' and 'exempted services' refer to those not subject to excise or service tax. 'Input' covers goods used in manufacturing or service provision but excludes certain fuels and goods for personal use. 'Input service' includes services used in manufacturing or service provision, excluding those for personal employee use. The rules also define roles such as 'input service distributor,' 'job work,' and 'manufacturer.'