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    <title>Amends CENVAT Credit Rules, 2004 to provide for reversal of credit when remission of duty granted under rule 21</title>
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    <description>The CENVAT Credit (Eighth Amendment) Rules, 2007 insert sub rule (5C) in rule 3 of the CENVAT Credit Rules, 2004, providing that where duty on goods manufactured or produced is remitted under the excise remission provision, the CENVAT credit taken on inputs used in their manufacture or production shall be reversed.</description>
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