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Misinterpretation of Rule 6(3) leads to improper demand against assessee, ignoring legislative options under CENVAT Credit Rules.
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....Reversal of CENVAT Credit - the Adjudicating Authority has failed to interpret Rule 6(3) CCR properly while confirming the impugned demand. - the demand at 10% /8% as proposed and confirmed is the forced demand denying the option as is granted by the legislation to the assessee.....