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2016 (6) TMI 1314 - AT - Central ExciseCENVAT Credit - whether the appellant is required to reverse 10% of the value of the exempted goods cleared to SEZ Developers in terms of the provisions of Rule 6 of the Cenvat Credit Rules 2004? - Held that:- Identical issue decided in the case of THE COMMISSIONER OF CENTRAL EXCISE AND SERVICE TAX AND THE COMMISSIONER OF CENTRAL EXCISE VERSUS M/S FOSROC CHEMICALS (INDIA) PVT LTD AND OTHERS [2014 (9) TMI 633 - KARNATAKA HIGH COURT], where it was held that amendment has to be construed as retrospective in nature and the benefit of Rule 6(6)(1) as amended in 2008 has to be extended to the goods cleared to a "developer" of a Special Economic Zone for their authorized operations - appeal allowed - decided in favor of appellant.
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