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2016 (6) TMI 998 - HC - Central ExciseCenvat Credit - reversal of credit u/s 6 - clearance of final products to SEZ developers without payment of duty Whether the amendment to the Cenvat Credit Rules 2004, by substituting clause(i) of sub-rule (6) of Rule 6 of Cenvat Credit Rules 2004 by way of notification No.50/2008-C.E (N.T.) dated 31.12.2008 is prospective in operation or retrospective? - Held that:- Tribunal cannot be said to have committed error in following the decision of this Court in case of Fosroc Chemicals (India) Pvt. Ltd., [2014 (9) TMI 633 - KARNATAKA HIGH COURT] - When the issue is already covered by the decision of this Court, it cannot be said that any questions of law would arise for consideration as sought to be canvassed. On the aspects of appeal preferred before the Apex Court, the learned Counsel has not been able to show that any interim stay has been granted restraining the operation and implementation of the decision of this Court in the above referred matter. - revenue appeal dismissed - Decided against the revenue.
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