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CENVAT Credit Reversal: Trading Activities Not Exempted Services, Credit Disallowed Due to Lack of Serious Adjudication Errors.
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....CENVAT credit - reversal of credit related to trading activity - exempted service or not - no serious infirmity in the process adopted by the adjudicating authority for arriving at the quantum of cenvat credit irregularly availed by the petitioner which requires to be disallowed - AT....
TaxTMI
TaxTMI