https://www.taxtmi.com/caselaws?id=126027 Concessional duty under the exemption notification was available for bulbs where Cenvat credit had been taken only on common inputs used in manufacturing captively consumed exempt filaments, and no credit had been taken on inputs used for the final bulbs. The assessee had also debited 8% of the value of the captively consumed filaments in lieu of separate account maintenance. On these facts, the credit condition in the notification was treated as satisfied because the credit was not linked to inputs used for the dutiable bulbs. The concessional rate was therefore allowed, and the demand and penalty were not sustainable. en-us Fri, 20 Feb 2009 00:00:00 +0530 Thu, 01 Nov 2012 15:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126027 Concessional duty under the exemption notification was available for bulbs where Cenvat credit had been taken only on common inputs used in manufacturing captively consumed exempt filaments, and no credit had been taken on inputs used for the final bulbs. The assessee had also debited 8% of the value of the captively consumed filaments in lieu of separate account maintenance. On these facts, the credit condition in the notification was treated as satisfied because the credit was not linked to inputs used for the dutiable bulbs. The concessional rate was therefore allowed, and the demand and penalty were not sustainable. Case-Laws Central Excise Fri, 20 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126027