https://www.taxtmi.com/caselaws?id=245962 Cenvat credit is unavailable on inputs found to have been used exclusively in manufacturing exempted goods cleared under Notification No. 6/2002-C.E., because Rule 6(1) of the Cenvat Credit Rules, 2002 bars such credit unless the statutory exceptions are satisfied. A mere reversal of an amount calculated at 8% of the value of exempted clearances does not override that prohibition where there is no proof that the inputs were used for dutiable final products. On limitation, absence of a clear disclosure to the department supported invocation of the extended period. Penalty relief was limited to the reduced option indicated on payment of duty and interest within the stipulated time. en-us Thu, 31 May 2012 00:00:00 +0530 Sat, 12 Apr 2014 14:54:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245962 Cenvat credit is unavailable on inputs found to have been used exclusively in manufacturing exempted goods cleared under Notification No. 6/2002-C.E., because Rule 6(1) of the Cenvat Credit Rules, 2002 bars such credit unless the statutory exceptions are satisfied. A mere reversal of an amount calculated at 8% of the value of exempted clearances does not override that prohibition where there is no proof that the inputs were used for dutiable final products. On limitation, absence of a clear disclosure to the department supported invocation of the extended period. Penalty relief was limited to the reduced option indicated on payment of duty and interest within the stipulated time. Case-Laws Central Excise Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245962