https://www.taxtmi.com/caselaws?id=123173 Cenvat credit taken on inputs used to manufacture exempted final products is not admissible under Rule 6(1) of the Cenvat Credit Rules, 2002 unless the case falls within the limited exception in Rule 6(2). Where rectified spirit treated as an exempted final product was shown as lost in the statutory return, and the assessee neither reversed the credit attributable to the inputs nor paid duty, the credit had to be reversed. Authorities and case law concerning destruction of dutiable goods were inapplicable because the dispute concerned loss of exempted goods. en-us Tue, 27 Nov 2007 00:00:00 +0530 Sat, 08 Sep 2012 12:57:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123173 Cenvat credit taken on inputs used to manufacture exempted final products is not admissible under Rule 6(1) of the Cenvat Credit Rules, 2002 unless the case falls within the limited exception in Rule 6(2). Where rectified spirit treated as an exempted final product was shown as lost in the statutory return, and the assessee neither reversed the credit attributable to the inputs nor paid duty, the credit had to be reversed. Authorities and case law concerning destruction of dutiable goods were inapplicable because the dispute concerned loss of exempted goods. Case-Laws Central Excise Tue, 27 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123173