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1998 (11) TMI 301

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..... er : P.C. Jain, Member (T)]. - Learned Chartered Accountant, Shri S. Madhavan prays for waiver of pre-deposit and stay of recovery of Rs. 18,37,104/- sought to be denied as Modvat credit taken by the applicants on inputs which are admittedly used exclusively in a final product, namely, tractors which are exempted from payment of duty. 2. Learned Chartered Accountant points out that the Sch .....

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