https://www.taxtmi.com/caselaws?id=121446 A manufacturer producing both dutiable and exempted final products was held entitled to retain input credit once it complied with the prescribed 8% payment mechanism for common inputs. The Tribunal applied its earlier view that the rule operates on the status of the manufacturer, not on a separate classification of individual inputs, so compliance with the exempted-goods payment requirement satisfied the credit restriction. Credit could not be denied merely because certain inputs were used exclusively in exempted products. The demand, penalty, and interest were therefore unsustainable, and reversal of credit was not required. en-us Tue, 05 Sep 2006 00:00:00 +0530 Mon, 30 Jul 2012 17:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121446 A manufacturer producing both dutiable and exempted final products was held entitled to retain input credit once it complied with the prescribed 8% payment mechanism for common inputs. The Tribunal applied its earlier view that the rule operates on the status of the manufacturer, not on a separate classification of individual inputs, so compliance with the exempted-goods payment requirement satisfied the credit restriction. Credit could not be denied merely because certain inputs were used exclusively in exempted products. The demand, penalty, and interest were therefore unsustainable, and reversal of credit was not required. Case-Laws Central Excise Tue, 05 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121446