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2017 (11) TMI 869 - AT - Central ExciseCENVAT credit - It is the case of the Revenue that appellant have recomputed value of the inputs as per the provisions of Section 4(1)(b) of the Central Excise Act, 1944 and discharged appropriate duty - Held that: - the issue is no more res integra as is covered by the ratio of the Larger Bench decision in the case of SILVASA MACHINES Versus COMMISSIONER OF CENTRAL EXCISE, VAPI [2012 (11) TMI 772 - CESTAT, AHMEDABAD], where it was held that amount of Cenvat credit taken by the assessee, of the duty paid on the invoice value as shown in the invoice can be considered as correct assessable value and duty liability to be discharged - appeal allowed - decided in favor of appellant.
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