Taxpayer Entitled to CENVAT Credit Even if Tax Paid by Mistake; Utilization Deemed Legal Under Current Provisions.

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....CENVAT Credit - If, upon a misconception of the legal position, the assessee had paid the tax that he was not liable to pay and such assessee also happens to be an assessee entitled to certain credits such as CENVAT Credit, the availing of the said benefit cannot be termed as illegal - HC....