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2015 (9) TMI 1378 - AT - Central ExciseDenial of refund claim - CENVAT Credit - whether or not appellant is entitled to refund of an amount paid by the appellant representing CENVAT credit availed on inputs used in the manufacture of finished goods lost in fire accident when appellant has recovered the said amount from the Insurance Company - Held that:- The final order passed by Hon'ble Gujarat High Court [2013 (4) TMI 532 - GUJARAT HIGH COURT] held that above amendment carried out in Rule 3 of the Cenvat Credit Rules is only prospective and not retrospective - In the present appeal also the period of dispute is before 07.09.2007, therefore, the law laid down by the jurisdictional High Court squarely applies to the case of the appellant and has to be followed. - Decided in favour of assessee.
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