Refund Allowed for Reversed CENVAT Credit Under Compounded Levy Scheme; Credit on Stock Inputs and Finished Goods Valid.

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....Claim of refund of amount of cenvat credit reversed - Compounded Levy Scheme opted - the credit of duty taken and utilized in respect of not only inputs in stock, but also contained in finished products as on the date of introducing, the Compounded Levy Scheme is not recoverable - refund allowed - AT....