Manufacturers Must Repay Cenvat Credit on Removed Capital Goods, Adjusted by 2.5% Per Quarter u/r 3(5.

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....Cenvat Credit - Removal of Capital Goods removed – Rule 3(5) of the CENVAT CREDIT Rules, 2004 – the manufacturer shall pay the amount equal to Cenvat Credit taken on the said capital goods reduced by 2.5% for each quarter of year or part thereof from the date of taking the Cenvat Credit - AT....