AVCL Cleared of Fraud Allegations: No Benefit from CENVAT Credit Misuse in Export Activities, Demand Dismissed.

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....CENVAT Credit - when finished products are exported, AVCL would not be making any gain by indulging in such fraudulent availment of credit, as they cannot use such credit - The department has failed to establish fraudulent availement of credit on the part of AVCL - demand do not sustain.....