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2012 (11) TMI 257 - AT - Central ExciseWaiver of pre-deposit - Cenvat credit - Duty demanded on the ground that at the time of removal of old and used capital goods, the appellant is required to reverse the total Cenvat credit availed by them at the time of receipt of the said capital goods – Held that:- In the case of Raghav Alloys (P) Ltd. (2009 (4) TMI 184 - CESTAT, NEW DELHI ) it was held that words "as such" in the Rule 3(4) of Cenvat Credit Rules, 2002 means that capital goods removed without putting them to use and that when the capital goods are removed after use for a period of 7 to 8 years, they cannot be said to have been removed as such – waiver of pre-deposit allowed
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