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2018 (6) TMI 1351 - HC - Central ExciseCENVAT Credit - effect of amendment - supply of goods to SEZ - Amendment of Rule 6(6)(i) of Cenvat Credit Rules, 2004, amended in the year 2008 - whether amendment have retrospective or prospective effect? - Held that:- The issue is covered by the decision of the cognate bench of this Court in the case of Commissioner of C. Ex. & S.T., Bangalore –vs- Fosroc Chemicals (India) Pvt. Ltd., [2014 (9) TMI 633 - KARNATAKA HIGH COURT] in which the cognate bench of this Court has held that the Amendment of Rule 6(6)(i) of Cenvat Credit Rules, 2004, amended in the year 2008, has to be given retrospective effect as it was clarificatory in nature and has to be extended to the goods cleared to a “developer” of a Special Economic Zone for their authorized operation. No Substantial Question of Law arises for our consideration - appeal dismissed - decided against Revenue.
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