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<h1>Non-reversal of CENVAT credit permitted by government notification where product later held not chargeable, subject to conditions.</h1> A new provision permits non-reversal of CENVAT credit where duty was paid on a final product and credit taken on inputs, capital goods and input services, but the process is later held not chargeable; the Central Government may notify cases and conditions for non-reversal, except where the assessee has claimed refund, and may extend non-reversal to credit taken by the buyer.