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Answer Posted / vanadhi ramasami
Capital Goods are those which are used in direct
manufacturing of a Finished Goods.Assets are those used not
in direct manufacturing but for secondary purpose.As per
CENVAT credit facility is available (like 50% in year
capital goods purchased and remaining 50% in subsequent
year of purchase).
| Is This Answer Correct ? | 16 Yes | 2 No |
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