https://www.taxtmi.com/caselaws?id=206399 Common input services used for both dutiable and exempted goods triggered a demand for failure to maintain separate accounts under the Cenvat Credit Rules, 2002. The retrospective amendment introduced by the Finance Act, 2010 was treated as applicable to the dispute, and the assessee had already moved to regularize the liability in the statutory manner contemplated by that amendment. The demand could therefore not be sustained in its confirmed form, although interest for delayed payment remained payable. The liability was remanded for fresh determination under the amended legal position. en-us Thu, 13 Jan 2011 00:00:00 +0530 Mon, 31 Oct 2011 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206399 Common input services used for both dutiable and exempted goods triggered a demand for failure to maintain separate accounts under the Cenvat Credit Rules, 2002. The retrospective amendment introduced by the Finance Act, 2010 was treated as applicable to the dispute, and the assessee had already moved to regularize the liability in the statutory manner contemplated by that amendment. The demand could therefore not be sustained in its confirmed form, although interest for delayed payment remained payable. The liability was remanded for fresh determination under the amended legal position. Case-Laws Service Tax Thu, 13 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206399