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<h1>CENVAT Credit Rules 2004: Guidelines on Duty Credit for Inputs, Capital Goods, and Services in Manufacturing and Services.</h1> The CENVAT Credit Rules, 2004, established through Notification No. 23/2004-CE, facilitate the credit of duty paid on inputs, capital goods, and service tax on input services used in manufacturing final products or providing output services. The rules define key terms like 'capital goods,' 'input,' 'input service,' and 'exempted goods/services,' and outline the types of duties eligible for credit. Utilization of CENVAT credit is subject to specific conditions, including restrictions on credit for exempted goods/services. The rules also detail documentation requirements, conditions for credit transfer, and provisions for refunds, recoveries, penalties, and transitional arrangements.