High Court Affirms Tribunal Decision: Assessee Entitled to CENVAT Credit on Capital Goods Not Used for Exempted Goods.

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....CENVAT Credit - capital goods - Since in the present case, the capital goods purchased by the respondent/assessee had never been used for manufacturing exempted goods by it, the learned Tribunal rightly came to the conclusion that the respondent/assessee was entitled to avail “CENVAT Credit” on the goods in question - HC....