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2013 (12) TMI 1134 - CESTAT CHENNAIDouble benefit - CENVAT Credit on capital goods - Availment of depreciation on the same capital goods - Held that:- prima facie it appears that the demand is not sustainable. No double benefit has been taken in respect of capital goods, which is prohibited under the law. In this case, the credit has been taken in respect of the inputs and there is no charge in the show cause notice that the credit on the inputs is not admissible. Hence, the requirement of pre-deposit is waived during the pendency of the appeal - Decided in favour of assessee.
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