Dispute Over CENVAT Credit Reversal: Is 8% Reversal on Body Building Chassis Sufficient? Further Examination Needed.
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....Exemption for manufacturing of body building on the procured chassis - condition on availing credit versus availing credit and reversing the credit @8% - whether the reversal of 8% amounted to full reversal of cenvat credit availed by the assessee or not is still required to be examined. - AT....
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