Clarifying "Used" in Cenvat Credit: Functions as an Adjective, Not Past Tense, in Definitions of Inputs and Services.

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....Cenvat credit – The word “used” is used in the definition of “inputs“, “capital goods“ and “input service“ - The word is not used as past tense of “use“ but as past participle which is an adjective to the words in question. - AT....