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2017 (11) TMI 256 - AT - Service TaxCENVAT credit - excess cenvat credit, over and above the prescribed limit of 20% utilized by the appellant - Held that: - a perusal of Rule 6(3)(c) indicates that there is no such restriction that 20% credit earned should be utilized within a particular period - the decision in the case of M/s. C.L. Educate Versus Commissioner of Service Tax, Delhi [2015 (10) TMI 2544 - CESTAT NEW DELHI], relied upon, where it was held that There are no specific restrictions or prohibitions contained in Rule 6 of the Cenvat Rules, providing for reversal of cenvat credit on monthly/periodic basis - appeal allowed - decided in favor of appellant.
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