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CENVAT Credit Denial for Merchant Banking Services Not Applicable Pre-March 31, 2011, Notification Due to Alleged Fraud.

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....Denial of CENVAT Credit - Merchant Banking Services - denial of credit on the basis of a challan for the reason of fraud, collusion, suppression of facts, etc., would not be applicable prior to the notification, dated 31-3-2011. - AT....

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