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2012 (10) TMI 908 - AT - Central ExciseCenvat credit – removal of capital goods – reversal – Held that:- When capital goods are removed after being put to use, it cannot be considered that the goods are removed ‘as such’ and therefore, the provisions of Rule 3(5) of Cenvat Credit Rules, 2004 would not apply to such clearance and there is no need for reversing any Cenvat credit because they had actually used the capital goods in the manufacture of excisable goods - appellants have paid duty based on transaction value - appeal is allowed
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