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2016 (8) TMI 201 - AT - Central ExciseCenvat Credit - 100% EOU - Reversal of cenvat credit availed on inputs removed from the factory as such against CT-3 certificate – Rule 3(4) of the erstwhile Cenvat Credit Rules, 2002 - Held that:- The Hon’ble High court of Karnataka in the case of CCE Bangalore Vs. Solectron Centum Electronics Ltd. [2014 (10) TMI 596 - KARNATAKA HIGH COURT] has observed that, "there was no duty payable, as the said inputs were removed with the previous permission of the department as reflected in CT-3" - inputs can be considered as excisable goods and clearance of the same can be placed on par with clearance of excisable goods. - Contention of the Revenue devoid of merits - decided in favor of assessee.
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