CENVAT credit entitlement clarified - rules define eligibility, utilisation, transfer and recovery obligations for input and service credits. The rules prescribe the scope and eligibility for CENVAT credit on specified excise duties, additional duties and service tax paid on inputs, capital goods and input services received after the commencement date; permit phased credit for capital goods; require separate accounts or prescribed adjustment mechanisms where inputs/services serve exempt and taxable outputs; allow credit utilisation for payment of excise or service tax or refund in export situations; and impose documentary, filing and recordkeeping obligations, transfer provisions on relocation or ownership change, and recovery, confiscation and penalty mechanisms for non-compliance.