Court Allows Recredit of CENVAT Credit on LDO/Furnace Oil Due to Lack of Prompt Objection from Authorities.

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....Recredit of CENVAT Credit previously reversed - Disallowance of credit on LDO/furnace oil - SCN issued for recredit without proper authoriation - If the authority had any objection they should have immediately asked the appellant for further clarifications, which in the instant case was not done - recredit allowed - HC....