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    <title>CENVAT CREDIT</title>
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    <description>Cenvat credit may be availed for invoices dated within one year of the invoice date; quantity of invoices is not a bar. Claimants should record credit by making independent entries for each eligible invoice in the Cenvat credit account. If the arrangement is a loan licence, credit can likewise be taken provided invoices meet the one year eligibility and other requisites.</description>
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