https://www.taxtmi.com/caselaws?id=126591 Reversal of Cenvat credit attributable to inputs used in exempted goods removes the basis for requiring payment of 8% or 10% of the value of exempted clearances. Where the proportionate input credit has already been reversed, an additional payment calculated on the value of exempted products is unnecessary and disproportionate to the credit involved. The demand for such payment is therefore unsustainable, and the impugned order is liable to be set aside with consequential relief. en-us Wed, 04 Mar 2009 00:00:00 +0530 Thu, 22 Nov 2012 14:09:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126591 Reversal of Cenvat credit attributable to inputs used in exempted goods removes the basis for requiring payment of 8% or 10% of the value of exempted clearances. Where the proportionate input credit has already been reversed, an additional payment calculated on the value of exempted products is unnecessary and disproportionate to the credit involved. The demand for such payment is therefore unsustainable, and the impugned order is liable to be set aside with consequential relief. Case-Laws Central Excise Wed, 04 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126591