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Central Excise - Highlights / Catch Notes

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Remission of duty - reversal of cenvat credit taken on inputs - ...

Central Excise

July 11, 2015

Remission of duty - reversal of cenvat credit taken on inputs - it is deemed to have been consumed in the process of manufacture and since the goods are lost or destroyed due to unavoidable accident, the claim of reversal of credit cannot be countenanced - HC

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