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    <title>2001 (3) TMI 972 - CESTAT, NEW DELHI</title>
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    <description>Cenvat credit and clearances under Notification No. 10/2002 operated in separate fields, so accumulated credit did not lapse merely because the assessee cleared goods under that notification. The assessee had not taken credit on inputs used in the notified clearances, and the available credit related to inputs for other final products. As there was no breach of either scheme&#039;s conditions, the outstanding Cenvat credit remained valid after rescission of the notification, and the assessee was entitled to retain it; the Revenue&#039;s challenge failed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=116196</link>
      <description>Cenvat credit and clearances under Notification No. 10/2002 operated in separate fields, so accumulated credit did not lapse merely because the assessee cleared goods under that notification. The assessee had not taken credit on inputs used in the notified clearances, and the available credit related to inputs for other final products. As there was no breach of either scheme&#039;s conditions, the outstanding Cenvat credit remained valid after rescission of the notification, and the assessee was entitled to retain it; the Revenue&#039;s challenge failed.</description>
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