https://www.taxtmi.com/caselaws?id=204848 Reversal of CENVAT credit attributable to common inputs used in exempted goods before their clearance satisfies Rule 6 requirements; payment based on a percentage of exempted-goods value is not required where no credit relating to exempted production is retained. An alleged excess refund is unsustainable where excess credit reversal merely increases duty paid through the PLA, which is subsequently refundable, leaving no revenue loss. The demand is therefore unsustainable because the exercise is revenue neutral. en-us Wed, 04 May 2011 00:00:00 +0530 Mon, 08 Aug 2011 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204848 Reversal of CENVAT credit attributable to common inputs used in exempted goods before their clearance satisfies Rule 6 requirements; payment based on a percentage of exempted-goods value is not required where no credit relating to exempted production is retained. An alleged excess refund is unsustainable where excess credit reversal merely increases duty paid through the PLA, which is subsequently refundable, leaving no revenue loss. The demand is therefore unsustainable because the exercise is revenue neutral. Case-Laws Central Excise Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204848