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2017 (10) TMI 549 - AT - Central ExciseBenefit of N/N. 30/2004-CE dated 09.07.2004 - yarn cleared for captive consumption prior to 01.08.2005, when the yarn was dutiable - whether the appellants are correct in reversing the CENVAT credit attributable to the inputs used in the manufacture of the yarn, which in turn had been used in the manufacture of fabrics? - Held that: - In the case of K.G. Denim Ltd. Vs. CCE [2005 (9) TMI 127 - CESTAT, CHENNAI], the Tribunal held that since the assessee reversed the entire Cenvat credit on inputs, correctable to the finished products cleared by them, they are eligible for the benefit of N/N. 30/2004 ibid - appeal allowed - decided in favor of appellant.
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