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2019 (9) TMI 668 - AT - Central ExciseCENVAT Credit - Partial writing off of inputs - reversal u/r 3(5B) of CCR - HELD THAT:- It is an admitted fact that the appellant has partially written off the value of certain inputs and has not fully written off. Further, as per the provisions of Rule 3(5B), the appellant is required to reverse the CENVAT credit if he has written off fully the value of inputs whereas in this case, the appellant has not fully written off - Further, in the case of partial writting off, the provision has been incorporated with effect from 1.4.2011 whereas in the present case, the period involved is prior to this date, therefore, this amendment is not applicable in the appellant’s case - demand set aside - appeal allowed - decided in favor of appellant.
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