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2012 (5) TMI 224 - CESTAT, MUMBAICenvat Credit - Collection of amount @8% or 10% on exempted goods - Demand under Section 11D of the Central Excise Act, the amounts so recovered are liable to be deposited to the credit of the Central Government – Held that:- assessee has paid 8% / 10% of the value of the exempted goods by reversing the Cenvat credit account, demand for the recovery of interest under Section 11DD of the said Act, has also no legal basis and is accordingly set aside, penalty under Rule 27 of CER, 2002 is also not legally sustainable
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