2005 (2) TMI 583

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..... Krishna Kumar, Member (J)]. Heard both sides. The issue involved is denial of Modvat credit on inputs which were written off in the Books of Accounts for the purposes of income Tax. The ld. Advocate has relied on the decision in the case of Bharat Heavy Electricals Ltd. reported in 2002 (50) RLT 208 (CEGAT-Ban.) and Hindustan Lever Ltd, reported in 2004-TIOL-1055-CESTAT-Bangalore wherein th .....

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