https://www.taxtmi.com/caselaws?id=262332 Rule 57CC of the Central Excise Rules, 1944 applied where a manufacturer cleared both dutiable and exempted goods without maintaining separate accounts, triggering payment linked to exempted products. The retrospective amendment under the Finance Act, 2010 introduced a mechanism allowing reversal of credit attributable to exempted goods for the relevant period, and prior reversal of common input credit was treated as sufficient to negate the demand. On that basis, the demand was held unsustainable and the assessee succeeded. en-us Fri, 12 Jun 2015 00:00:00 +0530 Mon, 12 Oct 2015 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262332 Rule 57CC of the Central Excise Rules, 1944 applied where a manufacturer cleared both dutiable and exempted goods without maintaining separate accounts, triggering payment linked to exempted products. The retrospective amendment under the Finance Act, 2010 introduced a mechanism allowing reversal of credit attributable to exempted goods for the relevant period, and prior reversal of common input credit was treated as sufficient to negate the demand. On that basis, the demand was held unsustainable and the assessee succeeded. Case-Laws Central Excise Fri, 12 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262332