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    <title>2008 (9) TMI 937 - BOMBAY HIGH COURT</title>
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    <description>Where an amount equal to excise duty is paid at the time of debonding, credit of that amount remains available after debonding. The Bombay High Court noted that the payment made on debonding formed the basis for allowing such credit, and Circular No. 185/19/96-Ces dated 19-3-1996 supported that position. No substantial question of law arose on the issue, and the appeal failed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=175263</link>
      <description>Where an amount equal to excise duty is paid at the time of debonding, credit of that amount remains available after debonding. The Bombay High Court noted that the payment made on debonding formed the basis for allowing such credit, and Circular No. 185/19/96-Ces dated 19-3-1996 supported that position. No substantial question of law arose on the issue, and the appeal failed.</description>
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