2014 (3) TMI 481

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....ds and hearing both sides, I find that the impugned demands arise out of denial of CENVAT credits found to have been taken in excess over what were admissible to the appellant in terms of the formula prescribed under Rule 3(7) of the CENVAT Credit Rules, 2004. The learned counsel for the appellant relies on Stay Order Nos. 878 to 880 dated 29.9.2011 passed by this Bench in Central Excise Appeals N....