Debate on Cenvat Credit Scope: Broad Input Definition Risks Making "Capital Goods" Redundant in Manufacturing Context.

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....Cenvat Credit - if the inputs were to include every product which is somehow related to the premises where the manufacturing process goes on, then there may not be a need to provide a definition of the term capital goods and therefore, the acceptance of the contention of the assessee would render the definition of the term “capital goods” to be redundant as well as the provisions relating to extending the benefit of Cenvat credit to the capital goods. - AT....