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NBFC Dispute Over CENVAT Credit Reversal Ratio u/r 6(3) and 6(3A); Correct Ratio Found to be 47.

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....Non-Banking Finance Company (NBFC) - Interest - Reversal of CENVAT credit - Rule 6(3) and 6(3A) – The ratio of J/(J+K) works out to 47% as against 13.88% worked by assesse and 95.17% worked out by Revenue. - AT....

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