Credit of specified duty on capital goods allowed when manufacturer acquires them under lease, hire purchase or loan agreement. Credit of the specified duty paid on capital goods shall be allowed where such capital goods are acquired by a manufacturer on lease, hire purchase or loan agreement, subject to conditions and restrictions specified in a notification issued by the Central Government.
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Provisions expressly mentioned in the judgment/order text.
Credit of specified duty on capital goods allowed when manufacturer acquires them under lease, hire purchase or loan agreement.
Credit of the specified duty paid on capital goods shall be allowed where such capital goods are acquired by a manufacturer on lease, hire purchase or loan agreement, subject to conditions and restrictions specified in a notification issued by the Central Government.
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