https://www.taxtmi.com/caselaws?id=256038 The Tribunal upheld the Revenue's contention that Rule 6 of the Cenvat Credit Rules, 2004 applied, requiring the appellant to pay for exempted goods due to lack of separate accounts. Even though goods were cleared under bond, not exemption, the appellant was directed to reverse credit and make a pre-deposit for the normal limitation period. The Tribunal clarified that Cenvat Credit is not allowed for inputs used in manufacturing exempted goods, emphasizing compliance over past judgments. A partial waiver of pre-deposit was granted for time-barred demands, balancing the appellant's concerns with legal obligations. Failure to comply would lead to dismissal of the appeal. en-us Mon, 10 Feb 2014 00:00:00 +0530 Mon, 02 Feb 2015 11:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256038 The Tribunal upheld the Revenue's contention that Rule 6 of the Cenvat Credit Rules, 2004 applied, requiring the appellant to pay for exempted goods due to lack of separate accounts. Even though goods were cleared under bond, not exemption, the appellant was directed to reverse credit and make a pre-deposit for the normal limitation period. The Tribunal clarified that Cenvat Credit is not allowed for inputs used in manufacturing exempted goods, emphasizing compliance over past judgments. A partial waiver of pre-deposit was granted for time-barred demands, balancing the appellant's concerns with legal obligations. Failure to comply would lead to dismissal of the appeal. Case-Laws Central Excise Mon, 10 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256038