https://www.taxtmi.com/caselaws?id=245259 The appellate court ruled in favor of the appellant, holding that they were not obligated to reverse the input credit utilized for manufacturing excisable goods that were later exempted. The court referenced a previous case law to support this decision, emphasizing that the relevant provisions did not apply retrospectively. As a result, the impugned order was set aside, and the appeal was allowed with any necessary consequential relief. en-us Mon, 23 Dec 2013 00:00:00 +0530 Tue, 25 Mar 2014 07:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245259 The appellate court ruled in favor of the appellant, holding that they were not obligated to reverse the input credit utilized for manufacturing excisable goods that were later exempted. The court referenced a previous case law to support this decision, emphasizing that the relevant provisions did not apply retrospectively. As a result, the impugned order was set aside, and the appeal was allowed with any necessary consequential relief. Case-Laws Central Excise Mon, 23 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245259