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    <title>CENVAT Credit Allowed for Plant Setup and Operational Phase After Renovation and Modernization Period.</title>
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    <description>CENVAT credit - credit availed during setting up of the plant - It is obvious that when the project work of renovation and modernization of the plant is undertaken, it takes some time and after gestation period, the plant comes into operation and whatever goods manufactured out of that plant is cleared on payment of duty - credit allowed - AT</description>
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