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2017 (11) TMI 1690 - HC - Central ExciseInput tax credit - Whether the Hon’ble Tribunal is correct in deciding the eligibility of input tax credit on LSHFHSD to M/s City Lubricants when LSHF and HSD are different in nature? - Held that:- Since the Tribunal has concurred with the view of the Revenue that the respondent-assessee is ineligible for claiming the input tax credit on LSHF-HSD, the said question of law does not arise for consideration in this appeal. time limitation - Penalty - Held that:- The Tribunal has set aside the penalty on the ground that for a particular period, there was no misdeclaration by the respondent-assessee, and that the levy of penalty for the subsequent period is barred by limitation - the substantial question of law raised is answered against the Revenue. Appeal dismissed - decided against Revenue.
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