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    <title>2015 (3) TMI 746 - GUJARAT HIGH COURT</title>
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    <description>A slab limit in an exemption notification regulating the extent of exemption did not curtail a separate deemed credit order applicable to re-rollers falling within that notification, so credit remained available even after aggregate clearances crossed Rs. 75,00,000. However, once the deemed credit order was rescinded from 1 April 1995, credit could not be validly availed for any period after rescission. The assessee therefore succeeded on entitlement up to the date the order operated, but the revenue succeeded in denying credit taken after the order ceased to have effect.</description>
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      <title>2015 (3) TMI 746 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=257812</link>
      <description>A slab limit in an exemption notification regulating the extent of exemption did not curtail a separate deemed credit order applicable to re-rollers falling within that notification, so credit remained available even after aggregate clearances crossed Rs. 75,00,000. However, once the deemed credit order was rescinded from 1 April 1995, credit could not be validly availed for any period after rescission. The assessee therefore succeeded on entitlement up to the date the order operated, but the revenue succeeded in denying credit taken after the order ceased to have effect.</description>
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      <pubDate>Wed, 27 Aug 2014 00:00:00 +0530</pubDate>
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