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    <title>50% CENVAT CREDIT ON CAPITAL GOODS SKIPED IN FIRST F.Y.</title>
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    <description>CENVAT credit for capital goods is limited to fifty per cent of duty in the year of receipt, with the balance claimable in a subsequent financial year; availment below the cap (including none) in the first year is permitted and the unavailed balance may be taken later, subject to any temporal limitation.</description>
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