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    <title>2011 (1) TMI 850 - CESTAT BANGALORE</title>
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    <description>The appellant was found liable for availing credit on common inputs without maintaining separate accounts for exempted and dutiable final products. The appellant accepted the irregularity and reversed the disputed credit. The Tribunal referred to the Finance Act, 2010, for granting admissible credit and directed the appellant to repay or reverse the credit with applicable interest. Regarding the eligibility for cenvat credit on input services exclusively used for exempted products, the Tribunal remanded the decision to verify if the amount remained unutilized in the cenvat account. The appeal was disposed of accordingly.</description>
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    <pubDate>Mon, 24 Jan 2011 00:00:00 +0530</pubDate>
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      <title>2011 (1) TMI 850 - CESTAT BANGALORE</title>
      <link>https://www.taxtmi.com/caselaws?id=207667</link>
      <description>The appellant was found liable for availing credit on common inputs without maintaining separate accounts for exempted and dutiable final products. The appellant accepted the irregularity and reversed the disputed credit. The Tribunal referred to the Finance Act, 2010, for granting admissible credit and directed the appellant to repay or reverse the credit with applicable interest. Regarding the eligibility for cenvat credit on input services exclusively used for exempted products, the Tribunal remanded the decision to verify if the amount remained unutilized in the cenvat account. The appeal was disposed of accordingly.</description>
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      <pubDate>Mon, 24 Jan 2011 00:00:00 +0530</pubDate>
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