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    <title>2016 (1) TMI 996 - GUJARAT HIGH COURT</title>
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    <description>Light diesel oil used in the manufacture of taxable goods was treated as covered by an earlier Division Bench ruling granting the claimed relief. The Tribunal was justified in following that precedent, and the fact that the same issue was pending before the Supreme Court did not reduce its binding effect because no stay had been granted. On the facts presented, the High Court found no reason to interfere, so the assessee&#039;s relief remained undisturbed.</description>
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      <description>Light diesel oil used in the manufacture of taxable goods was treated as covered by an earlier Division Bench ruling granting the claimed relief. The Tribunal was justified in following that precedent, and the fact that the same issue was pending before the Supreme Court did not reduce its binding effect because no stay had been granted. On the facts presented, the High Court found no reason to interfere, so the assessee&#039;s relief remained undisturbed.</description>
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      <pubDate>Tue, 05 Jan 2016 00:00:00 +0530</pubDate>
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