https://www.taxtmi.com/caselaws?id=268016 A demand of 8% of the value of cement under Rule 6(3)(b) of the CENVAT Credit Rules, in respect of exempt clearances for earthquake relief work under Notification No. 2/2001, was found unsustainable without first verifying whether the corresponding credit had been correctly reversed. The Tribunal followed its earlier approach in a similar matter and held that the correctness of credit reversal had to be examined before the demand could be confirmed. The matter was therefore remanded to the Commissioner for verification of the reversal of credit. en-us Mon, 20 Apr 2015 00:00:00 +0530 Tue, 27 Oct 2015 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268016 A demand of 8% of the value of cement under Rule 6(3)(b) of the CENVAT Credit Rules, in respect of exempt clearances for earthquake relief work under Notification No. 2/2001, was found unsustainable without first verifying whether the corresponding credit had been correctly reversed. The Tribunal followed its earlier approach in a similar matter and held that the correctness of credit reversal had to be examined before the demand could be confirmed. The matter was therefore remanded to the Commissioner for verification of the reversal of credit. Case-Laws Central Excise Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268016