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2016 (2) TMI 21 - HC - Central ExciseExtended period of limitation - Cenvat Credit - clearance of inputs as such - bonafide error in not reversing the credit as per Rule 3(5) of CCR - Held that:- It was noticed that the assessee had under bona-fide belief not reversed the CENVAT credit on the goods so cleared. That being a finding of fact, in our opinion, no question of law arises. - Counsel for the revenue pointed out that even the demand within the period of 1 year from the date of notice is struck down by the Tribunal on the ground that the situation was of revenue neutrality without full discussion on the issue. - Decided against the revenue.
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