https://www.taxtmi.com/caselaws?id=151922 Where common inputs are used in both dutiable and exempted goods, reversal of the credit attributable to exempted clearances before removal of the exempted goods means the further requirement to pay 8% of the value of exempted goods under Rule 6(3)(b) of the Cenvat Credit Rules, 2002 does not survive. The Tribunal relied on the Larger Bench view that once attributable credit is reversed, the statutory 8% liability is not attracted. It also noted that the Gujarat High Court had approved reversal based on attributable input credit, reinforcing that the demand under Rule 6(3)(b) is not sustainable in such circumstances. en-us Fri, 09 Jan 2009 00:00:00 +0530 Wed, 19 Jun 2013 16:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151922 Where common inputs are used in both dutiable and exempted goods, reversal of the credit attributable to exempted clearances before removal of the exempted goods means the further requirement to pay 8% of the value of exempted goods under Rule 6(3)(b) of the Cenvat Credit Rules, 2002 does not survive. The Tribunal relied on the Larger Bench view that once attributable credit is reversed, the statutory 8% liability is not attracted. It also noted that the Gujarat High Court had approved reversal based on attributable input credit, reinforcing that the demand under Rule 6(3)(b) is not sustainable in such circumstances. Case-Laws Central Excise Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151922