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of <h1>Tribunal Upholds Decision on Payment from Money Credit as Duty for Credit</h1> The Tribunal upheld the decision in favor of the assessees, stating that payment out of money credit earned is also duty for credit purposes. Appeals were ... Modvat/Cenvat The Revenue filed appeals against Commissioner (Appeals) order for denying excess credit. The Tribunal upheld the decision in favor of the assessees, stating that payment out of money credit earned is also duty for credit purposes. Appeals were rejected, cross-objection disposed off accordingly.
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