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CENVAT Credit for NCCD: Use Exclusively for NCCD Payment; Other Credits Allowed for Final Product NCCD.

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Full Text of the Document

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....While CENVAT credit of National Calamity Contingency duty (NCCD)can be utilized under the CENVAT Credit Rules only towards payment of such National Calamity Contingency duty, CENVAT credit obtained from other sources can be utilized for payment of National Calamity Contingency duty on the final product. - HC....