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Reversing Cenvat Credit on removal of used capital goods contradicts scheme's purpose, risks discouraging capital investment.

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....Reversal of Cenvat Credit – Removal as such of capital goods after use - If even after use for a couple of years, the Cenvat Credit is required to be reversed then it would certainly defeat the object of the scheme. - AT....

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Reversing Cenvat Credit on removal of used capital goods contradicts scheme's purpose, risks discouraging capital investment.