https://www.taxtmi.com/caselaws?id=120061 Compliance with the reversal requirement under Rule 6 of the Cenvat Credit Rules, 2002 was treated as sufficient where the assessee had already reversed 8.64% of the sale price, exceeding the prescribed 8% benchmark. The proposed demand was described as unsustainable because it was computed on a gross figure without credit for the amount already reversed, indicating defective computation and non-application of mind. Mere recovery of the reversed amount from customers was said not to create additional liability in the absence of invocation of Section 11D of the Central Excise Act, 1944 or any allegation that the amount was collected as duty. en-us Mon, 10 Jul 2006 00:00:00 +0530 Mon, 16 Jul 2012 15:05:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120061 Compliance with the reversal requirement under Rule 6 of the Cenvat Credit Rules, 2002 was treated as sufficient where the assessee had already reversed 8.64% of the sale price, exceeding the prescribed 8% benchmark. The proposed demand was described as unsustainable because it was computed on a gross figure without credit for the amount already reversed, indicating defective computation and non-application of mind. Mere recovery of the reversed amount from customers was said not to create additional liability in the absence of invocation of Section 11D of the Central Excise Act, 1944 or any allegation that the amount was collected as duty. Case-Laws Central Excise Mon, 10 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120061