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2017 (4) TMI 92 - CESTAT NEW DELHIDemand of reversal of cenvat credit in cash - Revenue's case is that pig iron moulds were cleared by the assessee by utilising the Cenvat credit, is not permissible - Held that: - Rule 3(5A) does not say that amount equal to the duty is payable in cash. Therefore, payment made through Cenvat credit is also admissible - there is no wilful suppression of the facts by the assessee and vital element of intention to evade duty has been missing in these proceedings - demand set aside - appeal dismissed - decided against Revenue.
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