Court Rules Payment of Duty on Transaction Value is Sufficient; No Need to Reverse Cenvat Credit After 10 Years Use.

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....Cenvat credit - Whether, after putting the capital goods into use for a period of around 10 years, the assessee is required to reverse the cenvat credit originally taken at the time of receipt of goods or the fact of payment of duty on the transaction value would satisfy the provisions of law - Demand set aside - AT....