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2017 (5) TMI 1192 - HC - Central ExciseRefund of CENVAT credit - supplies to 100% EOU - whether the Auto components supplied by the respondent to the 100% EOU amounts to deemed export? - Held that: - sale to 100% EOU is virtually in the nature of export as 100% EOU can not sell its products in local market and is obliged to export its entire production. Therefore, such sale is deemed export having all the elements of export - export takes into its fold deemed export as well and no distinction can be drawn between export and deemed export - refund allowed - appeal dismissed - decided against Revenue.
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