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2018 (12) TMI 1851 - AT - Central ExciseCENVAT Credit - allegation that the assessee had availed/utilized inadmissible Cenvat Credit in contravention of Notification No.20/2007- CE dated 25/04/2007 - HELD THAT:- During the period in dispute, out of total Centvat Credit availed by the appellant, an amount of ₹ 75,15,568/- was pertaining to various input services for which the appellant assessee discharged Service Tax on 31/03/2014 as a recipient of Service under the Reverse Charge Mechanism (RCM) in terms of Rule 6 of the Service Tax Rules, 1994. The said credit was availed in the Cenvat Register in the month of April 2014. The issue is no more res-entigra in view of the decision of the Tribunal in the case of VINAYAK INDUSTRIES VERSUS COMMISSIONER OF C. EX. & S.T., JAMMU & KASHMIR [2014 (3) TMI 1033 - CESTAT NEW DELHI] where it was held that credit is allowed. Appeal allowed - decided in favor of appellant.
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