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CESTAT sets aside demand of Cenvat Credit of One lakh on Manufacture of Emulsion Matrix

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), CESTAT set aside demand of cenvat credit of One lakh on manufacture of Emulsion Matrix. The Appellant, M/s Prasad Explosive and Chemicals is engaged in the manufacture of “Emulsion Matrix (bulk explosive)”. The Appellant is one of the prime suppliers of bulk explosive to Central Coalfields…

Source Taxscan

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