https://www.taxtmi.com/caselaws?id=242515 The case focused on issues related to the maintenance of separate records for inputs used in exempted and dutiable final products, liability for payment due to lack of separate accounts, applicability of Rule 6(3)(b) for credit reversal, quantification of credit non-utilization, and granting an unconditional stay based on a previous Tribunal decision. The judgment emphasized the importance of accurate record-keeping and compliance with Cenvat credit regulations. The appellant was held liable to pay the prescribed amount under Rule 6(3)(b) for failing to maintain distinct records, as per the Commissioner's decision. The Tribunal granted an unconditional stay based on a previous case precedent, waiving the pre-deposit requirement for duty and penalty. en-us Fri, 15 Mar 2013 00:00:00 +0530 Fri, 17 Jan 2014 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242515 The case focused on issues related to the maintenance of separate records for inputs used in exempted and dutiable final products, liability for payment due to lack of separate accounts, applicability of Rule 6(3)(b) for credit reversal, quantification of credit non-utilization, and granting an unconditional stay based on a previous Tribunal decision. The judgment emphasized the importance of accurate record-keeping and compliance with Cenvat credit regulations. The appellant was held liable to pay the prescribed amount under Rule 6(3)(b) for failing to maintain distinct records, as per the Commissioner's decision. The Tribunal granted an unconditional stay based on a previous case precedent, waiving the pre-deposit requirement for duty and penalty. Case-Laws Central Excise Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242515