2012 (9) TMI 245
X X X X Extracts X X X X
X X X X Extracts X X X X
....R. Shri Per D.N. Panda: The short issue involved in this appeal as framed by learned Commercial (Appeals) in first appellate order is whether the input credit element lying in stock or work in progress shall be reversible when the appellant opts for exemption after 31.3.2007. Factually both sides agree that prior to 31.3.2007 the appellant was discharging duty liability. After the cut....
TaxTMI