Refund Granted for Wrongly Paid CENVAT Credit After 10 Years of Capital Goods Use u/r 3(5) Proviso.

Reversal of cenvat credit - removal of capital goods after use - the case of the Appellant was covered under the second proviso to Rule 3(5) and not under Rule 3(5A) of CENVAT Credit Rules, 2004 -after 10 years of use of the capital goods, the amount of credit required to be reversed becomes zero - refund, of amount paid wrongly, allowed - AT .....

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