https://www.taxtmi.com/caselaws?id=236282 Module inputs used for both recorded and unrecorded smart cards were treated as common inputs, so the manufacturer could not be denied the Rule 6(3) option merely because exempted clearances predominated. Plastic cards bearing customer-specific particulars were not common inputs and credit was inadmissible only for those exclusively used in recorded smart cards; generic plastic cards remained common inputs. Cenvat credit was also admissible on inputs used in exempted goods exported out of India. Extended limitation and equal penalty were unsustainable for common-input credit, though they could apply to the inadmissible exclusive-input portion. The matter was remitted for recomputation of demand, interest and penalty after excluding common-input credit. en-us Thu, 04 Apr 2013 00:00:00 +0530 Fri, 16 Aug 2013 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236282 Module inputs used for both recorded and unrecorded smart cards were treated as common inputs, so the manufacturer could not be denied the Rule 6(3) option merely because exempted clearances predominated. Plastic cards bearing customer-specific particulars were not common inputs and credit was inadmissible only for those exclusively used in recorded smart cards; generic plastic cards remained common inputs. Cenvat credit was also admissible on inputs used in exempted goods exported out of India. Extended limitation and equal penalty were unsustainable for common-input credit, though they could apply to the inadmissible exclusive-input portion. The matter was remitted for recomputation of demand, interest and penalty after excluding common-input credit. Case-Laws Central Excise Thu, 04 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236282