Court Rules Cenvat Credit Cannot Be Denied for Inputs in Final Products Destroyed by Fire; Demand and Penalty Overturned.
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....Cenvat credit availed on inputs and inputs contained in final products lost due to fire - correctness of denial of credit which are attributable to the credit on inputs which are already used in the manufacture of final products and such final products is lost in fire - Demand and penalty both set aside - AT....


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