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    <title>Capital Goods - Cenvat Credit</title>
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    <description>Cenvat credit on capital goods used exclusively for exempted goods or services is disallowed for an initial restriction period from commencement of commercial production, or from installation if received later; after that period credit may be availed if the goods are not exempt, and situations where goods are declared exempt within the restriction period require administrative clarification.</description>
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      <description>Cenvat credit on capital goods used exclusively for exempted goods or services is disallowed for an initial restriction period from commencement of commercial production, or from installation if received later; after that period credit may be availed if the goods are not exempt, and situations where goods are declared exempt within the restriction period require administrative clarification.</description>
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