https://www.taxtmi.com/circulars?id=464 Cenvat credit should not be denied on capital goods used in manufacturing of intermediate goods exempt from payment of duty where those capital goods are used captively in the manufacture of finished goods chargeable to duty; the Cenvat Credit Rules contain no provision barring such credit despite the absence of a corresponding erstwhile rule. en-us Wed, 25 Sep 2002 00:00:00 +0530 Tue, 23 Sep 2008 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=464 Cenvat credit should not be denied on capital goods used in manufacturing of intermediate goods exempt from payment of duty where those capital goods are used captively in the manufacture of finished goods chargeable to duty; the Cenvat Credit Rules contain no provision barring such credit despite the absence of a corresponding erstwhile rule. Circulars Central Excise Wed, 25 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=464