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    <title>2007 (1) TMI 402 - CESTAT, NEW DELHI</title>
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    <description>Cenvat credit taken on inputs used in goods that later became fully exempt from duty was held recoverable where the governing rules barred credit on inputs used in exempted goods and provided for recovery of wrongly utilised credit. Credit had been originally taken when the goods were dutiable, but the Tribunal accepted that the subsequent exemption brought the relevant inputs within the recovery bar. The impugned order was set aside and the demand for reversal and recovery of the credit was upheld in favour of the Revenue.</description>
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    <pubDate>Tue, 16 Jan 2007 00:00:00 +0530</pubDate>
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      <title>2007 (1) TMI 402 - CESTAT, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=121114</link>
      <description>Cenvat credit taken on inputs used in goods that later became fully exempt from duty was held recoverable where the governing rules barred credit on inputs used in exempted goods and provided for recovery of wrongly utilised credit. Credit had been originally taken when the goods were dutiable, but the Tribunal accepted that the subsequent exemption brought the relevant inputs within the recovery bar. The impugned order was set aside and the demand for reversal and recovery of the credit was upheld in favour of the Revenue.</description>
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      <pubDate>Tue, 16 Jan 2007 00:00:00 +0530</pubDate>
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