Cenvat Credit Allowed on Capital Goods for Exempt Intermediate Products Used in Taxable Finished Goods Production.

Cenvat Credit Allowed on Capital Goods for Exempt Intermediate Products Used in Taxable Finished Goods Production. https://www.taxtmi.com/highlights?id=20394 Cenvat credit cannot be denied on capital goods used in the manufacture of exempt intermediate products exempt from payment of duty, which are used captively in the manufacture of finished goods chargeable to duty. - HC en-us Fri, 17 Oct 2014 12:36:21 +0530 Fri, 17 Oct 2014 12:36:21 +0530 TaxTMI RSS Generator Cenvat Credit Allowed on Capital Goods for Exempt Intermediate Products Used in Taxable Finished Goods Production. https://www.taxtmi.com/highlights?id=20394 Cenvat credit cannot be denied on capital goods used in the manufacture of exempt intermediate products exempt from payment of duty, which are used captively in the manufacture of finished goods chargeable to duty. - HC Highlights Central Excise Fri, 17 Oct 2014 12:36:21 +0530 https://www.taxtmi.com/highlights?id=20394