https://www.taxtmi.com/caselaws?id=108723 Rule 57CC demand concerning inputs used in exempted goods could not be sustained without examining the Board circular clarifying that credit is inadmissible on such inputs and that recovery of wrongly taken credit follows the corresponding reversal or recovery mechanism. The assessee had already reversed the credit on explosives used in mines, but that fact and the circular dated 16-10-2001 were not considered by the adjudicating authority. The order was therefore set aside and the matter remanded for fresh decision after considering the circular, the prior reversal of credit, and after giving the assessee a reasonable opportunity of hearing. en-us Fri, 27 Sep 2002 00:00:00 +0530 Tue, 03 Apr 2012 15:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108723 Rule 57CC demand concerning inputs used in exempted goods could not be sustained without examining the Board circular clarifying that credit is inadmissible on such inputs and that recovery of wrongly taken credit follows the corresponding reversal or recovery mechanism. The assessee had already reversed the credit on explosives used in mines, but that fact and the circular dated 16-10-2001 were not considered by the adjudicating authority. The order was therefore set aside and the matter remanded for fresh decision after considering the circular, the prior reversal of credit, and after giving the assessee a reasonable opportunity of hearing. Case-Laws Central Excise Fri, 27 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108723