https://www.taxtmi.com/caselaws?id=128012 The judgment overturned the duty demand against the appellant for failing to maintain separate records for common input, furnace oil, used in manufacturing both dutiable and exempted products. The court ruled in favor of the appellant, stating that proportionate input credit reversal at the time of removal of exempted products suffices, even if the entire credit is taken. The demand for 10% of the value of exempted products was deemed unjustified, and the appeal was allowed with consequential relief for the appellant. The decision emphasizes adherence to credit eligibility limits and proportionate credit reversal to avoid unwarranted duty demands. en-us Mon, 03 Aug 2009 00:00:00 +0530 Thu, 22 Jun 2017 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128012 The judgment overturned the duty demand against the appellant for failing to maintain separate records for common input, furnace oil, used in manufacturing both dutiable and exempted products. The court ruled in favor of the appellant, stating that proportionate input credit reversal at the time of removal of exempted products suffices, even if the entire credit is taken. The demand for 10% of the value of exempted products was deemed unjustified, and the appeal was allowed with consequential relief for the appellant. The decision emphasizes adherence to credit eligibility limits and proportionate credit reversal to avoid unwarranted duty demands. Case-Laws Central Excise Mon, 03 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128012