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    <description>The appeal was rejected as the principle of natural justice was deemed to have been followed, and the refund claim for unutilized Input Tax Credit was found to be inadmissible based on the relevant statutory provisions. The adjudicating authority&#039;s decision to reject the refund claim was upheld, citing the validity of the rules excluding certain ITC components from the refund calculation as per judicial precedents and legislative amendments.</description>
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