TMI BlogCENVAT credit - Reversal of 50% of credit as required in the case of Banking and other Financial...CENVAT credit - Reversal of 50% of credit as required in the case of Banking and other Financial Services - appellant will not fall within the category of ‘Banking Company’ since they are primarily engaged in the manufacture of iron steel items. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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