Refund limitation: refunds capped to duty paid minus CENVAT credit where inputs used in manufacture are concerned. A proviso was added to paragraph 2, clause (b) of the cited notifications limiting refunds so that they shall not exceed the amount of duty paid less the amount of CENVAT credit availed in respect of duty paid on inputs used in or in relation to the manufacture of goods cleared under those notifications.
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Provisions expressly mentioned in the judgment/order text.
Refund limitation: refunds capped to duty paid minus CENVAT credit where inputs used in manufacture are concerned.
A proviso was added to paragraph 2, clause (b) of the cited notifications limiting refunds so that they shall not exceed the amount of duty paid less the amount of CENVAT credit availed in respect of duty paid on inputs used in or in relation to the manufacture of goods cleared under those notifications.
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