https://www.taxtmi.com/circulars?id=5379 Cenvat credit of CVD on capital goods used exclusively for exempted services at the time of import is not allowable; credit that was ab initio ineligible does not become eligible when the activity is later made taxable, and expressly including such goods within the definition of capital goods will not permit recovery of past ineligible CVD credit. en-us Tue, 24 Jun 2008 00:00:00 +0530 Mon, 09 Jan 2012 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5379 Cenvat credit of CVD on capital goods used exclusively for exempted services at the time of import is not allowable; credit that was ab initio ineligible does not become eligible when the activity is later made taxable, and expressly including such goods within the definition of capital goods will not permit recovery of past ineligible CVD credit. Circulars Service Tax Tue, 24 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5379