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2015 (4) TMI 1030 - AT - Central ExciseCenvat/Modvat Credit - Whether cenvat credit eligibility is to be determined with reference to dutiability of the final product on the date of receipt of the goods or the date of utilization of 50% credit - Held that:- CENVAT credit eligibility is to be determined with reference to the dutiability of the final product on the date of receipt of capital goods. - facts herein is squarely covered by the ruling of the Larger Bench of this Tribunal in the case of Spenta International Ltd. (2007 (8) TMI 25 - CESTAT, MUMBAI). Accordingly the impugned order is set aside - Decided in favour of Revenue.
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