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Higher Court Overturns Tribunal's Decision Allowing CENVAT Credit for Exporter's Stay Application Under Erroneous Assumptions.

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Full Text of the Document

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....Validity of order of tribunal allowing the appeal of the assessee while deciding the stay application - The Tribunal merely proceeds on the footing that being an exporter, all services have been availed of during the course of export of goods and that is how this CENVAT Credit was admissible. - order set aside - HC....