CENVAT Credit Reversal: Rule 11(3) Only Applies to Inputs, Not Input Services or Capital Goods. Credit Remains Intact. (3.

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....Reversal of cenvat credit while claiming Exemption from duty - unutilized cenvat credit - Rule 11(3) - the provision of reversal of the credit is provided only in respect of inputs and not on input service and capital goods - the principle of ejusdem generis shall apply, accordingly, credit related to capital goods and input services shall not lapse.....