https://www.taxtmi.com/caselaws?id=209145 The Tribunal allowed the waiver of pre-deposit and directed the appellants to reverse a specific percentage of credit under Rule 6(3) of the CENVAT Credit Rules, 2004. The judgment clarified that the appellants are now only required to reverse the credit amount attributable to inputs used in manufacturing exempted goods following the retrospective amendment introduced through Section 73 of the Finance Act, 2010. The matters were remanded to the original adjudicating authority for recalculation in line with the amended provisions, granting the appellants the benefit of the amendment and an opportunity to present their case. en-us Fri, 28 Jan 2011 00:00:00 +0530 Mon, 29 Jul 2013 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209145 The Tribunal allowed the waiver of pre-deposit and directed the appellants to reverse a specific percentage of credit under Rule 6(3) of the CENVAT Credit Rules, 2004. The judgment clarified that the appellants are now only required to reverse the credit amount attributable to inputs used in manufacturing exempted goods following the retrospective amendment introduced through Section 73 of the Finance Act, 2010. The matters were remanded to the original adjudicating authority for recalculation in line with the amended provisions, granting the appellants the benefit of the amendment and an opportunity to present their case. Case-Laws Central Excise Fri, 28 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209145