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2012 (12) TMI 259 - AT - Central ExciseRefund - Cenvat credit of input services - processing of frozen shrimp and frozen fish – export – Held that:- Frozen shrimps and frozen fish are attracting no duty or rather ‘nil’ rate of duty and, therefore, need not be cleared on execution of any bond as there is no duty liability. As there is no duty liability and the appellants are undisputedly manufacturing only “exempted goods” (‘nil’ rated goods) during the disputed period the bar prescribed in terms of Rule 6(1) of the CENVAT Credit Rules shall apply - as the appellants are processing only exempted products and since the bar under Rule 6(1) of the CENVAT Credit Rules shall apply, the question of their executing a bond envisaged under Rule 5 of CENVAT Credit Rules does not arise - Decided against the assessee.
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