https://www.taxtmi.com/caselaws?id=78426 Cenvat credit reversal on inputs used exclusively for exempted final products was held time-barred because the assessee disclosed the exempted clearances and related reversals in periodic returns, leaving no basis for extended limitation under Section 11A absent suppression. Duty on spent solvents and chemicals arising incidentally during bulk drug manufacture was also held unsustainable, as they were not treated as manufactured excisable goods and prior Tribunal reasoning applied. The Revenue therefore failed on both issues, and the setting aside of the demands and penalties was upheld. en-us Mon, 07 Dec 2009 00:00:00 +0530 Mon, 15 Nov 2010 11:50:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78426 Cenvat credit reversal on inputs used exclusively for exempted final products was held time-barred because the assessee disclosed the exempted clearances and related reversals in periodic returns, leaving no basis for extended limitation under Section 11A absent suppression. Duty on spent solvents and chemicals arising incidentally during bulk drug manufacture was also held unsustainable, as they were not treated as manufactured excisable goods and prior Tribunal reasoning applied. The Revenue therefore failed on both issues, and the setting aside of the demands and penalties was upheld. Case-Laws Central Excise Mon, 07 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78426