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2016 (11) TMI 265 - AT - Central ExciseCenvat credit - capital goods - availing 100% credit on moulds and dies - Penalty - Held that: - under the facts and circumstances there is no mala fide and /or contumacious conduct on the part of the appellant in availing 100% Cenvat credit on moulds and dies during the period October, 2003 to May, 2004 - the appellant have calculated the interest element and paid the same on the excess credit so taken in for the first year under intimation to the Revenue, before the issue of show cause notice - Appeal allowed.
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