https://www.taxtmi.com/caselaws?id=172727 The Allahabad High Court dismissed the Central Excise Appeal, ruling that Rule 6 (3) (b) of the Cenvat Credit Rules 2002/2004 was not applicable in the case. The Court upheld the Tribunal's decision, emphasizing that the company complied with the reversal of credit procedure under Rule 6 (3) (b) by reversing the credit amount on inputs used in the exempted final product. The judgment highlighted the importance of previous legal precedents, such as ETA Technology Ltd Vs. CCE, Bangalore and Chandrapur Magnet Wires (P) Ltd Vs. Commissioner, in supporting the decision. en-us Mon, 01 Aug 2011 00:00:00 +0530 Thu, 30 Mar 2017 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172727 The Allahabad High Court dismissed the Central Excise Appeal, ruling that Rule 6 (3) (b) of the Cenvat Credit Rules 2002/2004 was not applicable in the case. The Court upheld the Tribunal's decision, emphasizing that the company complied with the reversal of credit procedure under Rule 6 (3) (b) by reversing the credit amount on inputs used in the exempted final product. The judgment highlighted the importance of previous legal precedents, such as ETA Technology Ltd Vs. CCE, Bangalore and Chandrapur Magnet Wires (P) Ltd Vs. Commissioner, in supporting the decision. Case-Laws Central Excise Mon, 01 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172727