https://www.taxtmi.com/caselaws?id=209520 An assessee manufacturing both dutiable and exempted final products was not liable to pay 8% of the price of the exempted products merely because separate accounts of common inputs were not maintained, where the CENVAT credit attributable to inputs used in the exempted goods had already been reversed. The rule under Rule 57AD of the Central Excise Rules, 1944 and Rule 6 of the CENVAT Credit Rules, 2001/2002 is intended to deny credit benefit for inputs used in exempted goods. Once the relatable credit was reversed, the assessee no longer retained that benefit, so the absence of separate accounts did not justify the demand. en-us Mon, 28 Feb 2011 00:00:00 +0530 Wed, 17 Jul 2013 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209520 An assessee manufacturing both dutiable and exempted final products was not liable to pay 8% of the price of the exempted products merely because separate accounts of common inputs were not maintained, where the CENVAT credit attributable to inputs used in the exempted goods had already been reversed. The rule under Rule 57AD of the Central Excise Rules, 1944 and Rule 6 of the CENVAT Credit Rules, 2001/2002 is intended to deny credit benefit for inputs used in exempted goods. Once the relatable credit was reversed, the assessee no longer retained that benefit, so the absence of separate accounts did not justify the demand. Case-Laws Central Excise Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209520