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Denial of CENVAT Credit Unjustified for Materials Used in Manufacturing Capital Goods Consumed.

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Full Text of the Document

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....Corrugated Ply, M.S. Beam, Channels, TMT Bars, Angles Capital goods or Input - items on which CENVAT Credit was availed, were, in fact, used for fabrication or manufacture of capital goods which were further consumed by them – thus CENVAT Credit cannot be denied - AT....