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    <title>2012 (12) TMI 930 - CESTAT CHENNAI</title>
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    <description>The court upheld the demand for CENVAT credit of Rs.83,204/- due to inadequate documentation, rejecting the appellant&#039;s argument that the demand was time-barred. The appellant, an experienced central excise assessee, was granted the option to pay 25% of the penalty within 30 days for final closure of the matter, failing which the full penalty amount would become due. The case was disposed of with the decision to uphold the demand and provide the penalty payment option, concluding both the stay petition and appeal.</description>
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    <pubDate>Fri, 14 Dec 2012 00:00:00 +0530</pubDate>
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      <title>2012 (12) TMI 930 - CESTAT CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=246708</link>
      <description>The court upheld the demand for CENVAT credit of Rs.83,204/- due to inadequate documentation, rejecting the appellant&#039;s argument that the demand was time-barred. The appellant, an experienced central excise assessee, was granted the option to pay 25% of the penalty within 30 days for final closure of the matter, failing which the full penalty amount would become due. The case was disposed of with the decision to uphold the demand and provide the penalty payment option, concluding both the stay petition and appeal.</description>
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      <pubDate>Fri, 14 Dec 2012 00:00:00 +0530</pubDate>
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