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2019 (4) TMI 893 - AT - Central ExciseImposition of Interest and penalty - non-utilization of wrongly availed CENVAT credit - appellant had throughout sufficient balance in their CENVAT credit account - Held that:- The issue is no more res integra and has been settled in favour of the assessee by the Karnataka High Court in the case of Bill Forge Ltd. [2011 (4) TMI 969 - KARNATAKA HIGH COURT], where it was held that once the entry was reversed, it is as if that the Cenvat credit was not available - appeal allowed - decided in favor of appellant.
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