https://www.taxtmi.com/caselaws?id=176737 Under the amended Rule 6(3) of the Cenvat Credit Rules, liability for exempted clearances was linked to clearance of the final products, not to the date on which input credit was originally taken. The Tribunal treated the amended scheme as requiring payment of an amount equivalent to the CENVAT credit attributable to inputs used in exempted goods, and rejected the contention that reversal of 8% of exempted value discharged that liability. It also noted that new claims on export under bond, captive consumption, and computation errors could be examined on remand after production of supporting documents and observance of natural justice. en-us Thu, 19 Mar 2015 00:00:00 +0530 Mon, 28 Dec 2015 20:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176737 Under the amended Rule 6(3) of the Cenvat Credit Rules, liability for exempted clearances was linked to clearance of the final products, not to the date on which input credit was originally taken. The Tribunal treated the amended scheme as requiring payment of an amount equivalent to the CENVAT credit attributable to inputs used in exempted goods, and rejected the contention that reversal of 8% of exempted value discharged that liability. It also noted that new claims on export under bond, captive consumption, and computation errors could be examined on remand after production of supporting documents and observance of natural justice. Case-Laws Central Excise Thu, 19 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176737