https://www.taxtmi.com/caselaws?id=77388 Exemption under Notification No. 30/2004-C.E. depended on inputs used for exempted final products not carrying Cenvat credit at the time of clearance. Where credit remained available for use when the exempt goods were removed, it was treated as utilised even if the assessee did not actually set it off later. Rule 57CC of the Central Excise Rules, 1944 supported the requirement that credit be kept separate before removal of exempted goods. Because the credit was reversed only after the relevant clearances, the notification condition was not met and the exemption was denied. en-us Mon, 14 Sep 2009 00:00:00 +0530 Sat, 11 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77388 Exemption under Notification No. 30/2004-C.E. depended on inputs used for exempted final products not carrying Cenvat credit at the time of clearance. Where credit remained available for use when the exempt goods were removed, it was treated as utilised even if the assessee did not actually set it off later. Rule 57CC of the Central Excise Rules, 1944 supported the requirement that credit be kept separate before removal of exempted goods. Because the credit was reversed only after the relevant clearances, the notification condition was not met and the exemption was denied. Case-Laws Central Excise Mon, 14 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77388