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2018 (4) TMI 1400 - AT - Service TaxCENVAT credit - Group Insurance - insurance policies were procured by the respondents between July, 2010 to December, 2010 for a period of one year and it was alleged that the respondents have willfully taken credit of the said input service and utilized the same wrongly, which came to the knowledge of the Department only in the course of audit conducted during August, 2011 - Held that: - on the date when the Cenvat credit was earned and eligible to be taken the same was legally taken by the appellant in terms of Rule 2(l) of Cenvat Credit Rules - There is no provision in the Cenvat Credit Rules that credit taken prior to 1st April, 2011, pursuant to amendment in Rule 2(l) shall become bad and or disallowed. Neither the said amendment have got any retrospective effect - appeal dismissed - decided against Revenue.
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