TMI BlogCENVAT Credit Denied for Basic Excise Duty on Raw Materials Under Area-Based Exemption for NCCD Payment.Area based exemption - appellant is not entitled to claim the CENVAT Credit on the basic excise duty paid on the raw materials for payment of NCCD and the cesses. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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