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Company Denied 67% Service Tax Abatement Due to MODVAT Credit Reversal Under Notifications 15/2004-ST, 19/2005-ST, 1/2006-ST.

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....Denial of 67% abatement claimed by it under Notification No. 15/2004-ST, 19/2005-ST and 1/2006-ST - CENVAT Credit - the reversal of modvat credit amounted to non taking of credit inputs. - AT....

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