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2011 (4) TMI 293 - CESTAT, MUMBAIAdjustment of unutilised credit of AED (T&TA) towards the AED (GSI) - As per the tribunal in the case Gauri Plasticulture P. Ltd.vs. CCE 2006 (22) ELT 199 (T-LB)wherein it was held that refund of unutilised credit is to be made in cash if assessee subsequently is not entitled to use, the modvat credit on account of assessee going out of the scheme or on account of closure of factory or any other reason - Hence, the appellants were entitled to utilise AED (T&TA) credits towards the payment of basic excise duty in respect of AED (GSI) - Decided in favour of assessee.
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