https://www.taxtmi.com/caselaws?id=207960 Notification No. 6/2002-CE(NT) permitted deemed credit at a fixed percentage of the aggregate duty of excise and additional duty of excise, and it did not require segregation of the aggregate into separate basic excise duty and additional excise duty heads. Credit could be utilised for payment of either duty without differentiation, so a demand based only on the assessee's accounting treatment had no basis in the notification. The matter was also revenue neutral, as the duty incidence would be the same even if the credit had been booked differently. The proposed demand, interest and penalty were therefore unsustainable. en-us Fri, 08 Apr 2011 00:00:00 +0530 Mon, 10 Jun 2013 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207960 Notification No. 6/2002-CE(NT) permitted deemed credit at a fixed percentage of the aggregate duty of excise and additional duty of excise, and it did not require segregation of the aggregate into separate basic excise duty and additional excise duty heads. Credit could be utilised for payment of either duty without differentiation, so a demand based only on the assessee's accounting treatment had no basis in the notification. The matter was also revenue neutral, as the duty incidence would be the same even if the credit had been booked differently. The proposed demand, interest and penalty were therefore unsustainable. Case-Laws Central Excise Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207960