CENVAT Credit Eligibility for 'Rails' under Cenvat Credit Rules 2004: Capital Goods or Inputs? Partial Stay Granted.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Goods Inputs and/or Capital goods under Rule 2 (k) and Rule 2 (a) of the Cenvat Credit Rules, 2004 – Applicant had availed the CENVAT Credit on ‘Rails’ initially claiming it as capital goods and later as inputs - stay granted partly - AT....