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2010 (10) TMI 993 - CESTAT NEW DELHICENVAT credit - It was alleged against the appellant that they are not entitled to avail cenvat credit on finished goods - Held that: - The Board’s Circular No. 283/117/96-CX., dated 31-12-1996 has clarified that if the inputs are exported as such on that also the cenvat credit is available to the assessee - the appellant has taken cenvat credit on the finished goods when they were brought top their factory but instead of any process they exported the same on payments of duty as such. From the clarification of the Board and as per Rule 16 of CER, 2002, the appellant is entitled to Cenvat credit on the same - appeal allowed - decided in favor of appellant.
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