https://www.taxtmi.com/caselaws?id=252423 Credit reversed before the show cause notice for inputs used in exempted goods; on that factual basis, the demand raised by applying 8% of the value of exempted clearances could not be sustained, and the penalty also failed. The challenge was further weakened because the grounds of appeal did not dispute the reversal amount already recorded. The interest contention was rejected as no separate interest demand had been made in the adjudication order. en-us Wed, 02 Apr 2014 00:00:00 +0530 Tue, 21 Oct 2014 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252423 Credit reversed before the show cause notice for inputs used in exempted goods; on that factual basis, the demand raised by applying 8% of the value of exempted clearances could not be sustained, and the penalty also failed. The challenge was further weakened because the grounds of appeal did not dispute the reversal amount already recorded. The interest contention was rejected as no separate interest demand had been made in the adjudication order. Case-Laws Central Excise Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252423