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2008 (10) TMI 487 - AT - Central ExciseCenvat/Modvat - Inputs - Line rejection - Held that: - the respondents had reversed credit availed in respect of inputs which were issued for manufacture and rejected at the assembly stage. The settled position on this aspect is that inputs issued and rejected at assembly stage are inputs issued for manufacture and no credit is liable to be reversed as such inputs are found not suitable and not consumed in further manufacture. In the circumstances, the impugned credit was not liable to be reversed - appeal dismissed - decided against Revenue.
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