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Duty Demand on Castings Misplaced Due to Baseless Reversal of CENVAT Credit on Ingots.

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....Duty demand - shortages in inputs received and goods which are part of work in progress - the finding that cenvat credit available on ingots is to be reversed is without any basis and, in any case, the final confirmation of demand of duty on castings using such finding is totally misplaced - AT....

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Duty Demand on Castings Misplaced Due to Baseless Reversal of CENVAT Credit on Ingots.