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2016 (8) TMI 586 - AT - Central ExciseCenvat credit - import of raw materials - appellant's present name not mentioned in bills of entry - Held that:- it is clear that at the time of import, the bills were filed in the name of the company as existing at that time. The change of names have been effected, and there is no dispute on that count. I find the reason followed by the lower authorities is devoid of any merit. The goods have been imported by the appellant and have been used for intended purpose. The reason for denial is not legally sustainable. Regarding the 7th bill of entry also, I find the raw materials imported have been transferred in full to the appellant under due certification by the importer. The raw materials have been used by the appellant for manufacture on behalf of the supplier under loan licence basis. Therefore, I find no justification for denial of credit. - Decided in favour of appellant
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