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2010 (3) TMI 1069 - PUNJAB AND HARYANA HIGH COURTWhether the Hon’ble CEGAT is correct in extending the deemed credit benefit to a unit availing of the exemption in terms of N/N. 1/93-C.E., dated 28-2-93 even after crossing the value of clearance of ₹ 75 lakhs when a unit pays full rate of duty? Held that: - similar issue decided in the case of Sood Steel Industrial (P) Ltd. v. Commissioner of Central Excise [2009 (4) TMI 62 - HIMACHAL PRADESH HIGH COURT], wherein the Division Bench of Himachal Pradesh High Court has held that the manufacturer would be entitled to claim excess amount from payment of duty upto ₹ 75 lacs and thereafter upto ₹ 2 crores and they are entitled to avail the deemed credit without production of documents - appeal dismissed - decided against Revenue.
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