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2014 (3) TMI 481 - AT - Central ExciseDenial of CENVAT credits - Waiver of pre deposit - Excess credit over what were admissible to the appellant in terms of the formula prescribed under Rule 3(7) of the CENVAT Credit Rules, 2004 - Held that:- Following earlier preceedents in similar issue - Assessee directed to pre-deposit 50% of the CENVAT credit - Conditional stay granted.
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