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2016 (9) TMI 728 - AT - Central ExciseReversal of Cenvat Credit - sale of plant and machinery (capital goods) - contravention of the Rule 3(5) of Cenvat Credit Rule 2004 - Held that:- the impugned order is set aside and the matter is remanded to the Adjudicating Authority to re-determine quantum of Cenvat Credit by taking into consideration the depreciation allowed under the relevant rules as laid down in Navodhaya Plastic Industries Ltd.'s case (2013 (12) TMI 82 - CESTAT CHENNAI). - Decided partly in favor of assessee.
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