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<h1>CENVAT credit conditions updated: Abatement rates altered and motorcab, contract carriage credit rules clarified.</h1> Amendments to Notification No.26/2012 revise abatement entries and prescribe that CENVAT credit on inputs, capital goods and input services used for providing the taxable service has not been taken under the CENVAT Credit Rules, 2004; they redefine certain transport service descriptions (substituting 'motorcab' and inserting contract carriage/radio taxi), detail permissible CENVAT credit treatment for renting of motorcab input services depending on supplier taxation, and fix specified effective dates for several changes.