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    <title>2017 (7) TMI 293 - CESTAT MUMBAI</title>
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    <description>The Tribunal held that the reversal of CENVAT credit, even if done subsequently, constitutes substantial compliance with the abatement notification. Emphasizing the purpose of preventing tax cascading, the Tribunal found no prejudice to Revenue and allowed the assessee&#039;s appeal while dismissing the Revenue&#039;s appeal. The denial of abatement in the initial order was deemed untenable, with the judgment pronounced on 12/06/2017.</description>
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      <link>https://www.taxtmi.com/caselaws?id=345181</link>
      <description>The Tribunal held that the reversal of CENVAT credit, even if done subsequently, constitutes substantial compliance with the abatement notification. Emphasizing the purpose of preventing tax cascading, the Tribunal found no prejudice to Revenue and allowed the assessee&#039;s appeal while dismissing the Revenue&#039;s appeal. The denial of abatement in the initial order was deemed untenable, with the judgment pronounced on 12/06/2017.</description>
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