https://www.taxtmi.com/caselaws?id=203571 The Tribunal set aside the demand raised by the authorities for the period prior to 1.4.08 and from April 08 to Aug 08, as the assessees complied with Rule 6(3A) and reversed credit on exempted goods. The penalty imposed on the assessees was also set aside, emphasizing the necessity of maintaining separate accounts for dutiable and exempted goods under the CENVAT Credit Rules to avoid penalties and demands. en-us Thu, 13 Jan 2011 00:00:00 +0530 Wed, 22 Feb 2012 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203571 The Tribunal set aside the demand raised by the authorities for the period prior to 1.4.08 and from April 08 to Aug 08, as the assessees complied with Rule 6(3A) and reversed credit on exempted goods. The penalty imposed on the assessees was also set aside, emphasizing the necessity of maintaining separate accounts for dutiable and exempted goods under the CENVAT Credit Rules to avoid penalties and demands. Case-Laws Central Excise Thu, 13 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203571