AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Home / 
CENVAT Credit on Capital Goods Unaffected by Ownership or Financing Agency Involvement.
X X X X Extracts X X X X
X X X X Extracts X X X X
....CENVAT Credit - capital goods - For taking credit of duty paid on capital goods, it would not be necessary that capital goods shall either be owned by the assessee or those shall be acquired by finance from financing agency - HC....