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CENVAT Credit Denied for EOU; Appeal Dismissed as Review Order Lacks Merit, Says Court.

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Full Text of the Document

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....Denial of CENVAT Credit - Non maintenance of separate accounts - 100% EOU - goods supplied against ICB - the Review order passed by two senior Chief Commissioners is an absurd order passed with absolutely no application of mind and as such there is absolutely no merit in this appeal filed by the Revenue - AT....

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