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<h1>CENVAT Credit Rules 2004: Key Guidelines for Claiming Credit on Inputs, Capital Goods, and Services Across India</h1> The CENVAT Credit Rules, 2004, established by the Central Government under the Central Excise Act, 1944, and the Finance Act, 1994, supersede the CENVAT Credit Rules, 2002, and the Service Tax Credit Rules, 2002. These rules apply across India, excluding Jammu and Kashmir, and define terms such as capital goods, input, and service tax. They outline the conditions under which manufacturers and service providers can claim CENVAT credit for duties paid on inputs, capital goods, and services. The rules also specify procedures for credit utilization, transfer, and recovery, as well as penalties for non-compliance.