https://www.taxtmi.com/caselaws?id=270476 The appeal was allowed by the Tribunal, with reference to the manufacturer's entitlement to reverse Cenvat credit on inputs used in exempted final products. The Tribunal emphasized compliance with the retrospective amendment of Rule 6(3) by the Finance Act, 2010, allowing for proportionate credit reversal. The demand under Rule 6(3)(b) was deemed unnecessary as the appellant had foregone the credit, as per legal requirements. The Tribunal directed the Adjudicating Authority to thoroughly examine the credit reversal process to ensure compliance with the law, ultimately setting aside the impugned order and allowing the appeal. en-us Tue, 22 Sep 2015 00:00:00 +0530 Wed, 06 Jan 2016 23:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270476 The appeal was allowed by the Tribunal, with reference to the manufacturer's entitlement to reverse Cenvat credit on inputs used in exempted final products. The Tribunal emphasized compliance with the retrospective amendment of Rule 6(3) by the Finance Act, 2010, allowing for proportionate credit reversal. The demand under Rule 6(3)(b) was deemed unnecessary as the appellant had foregone the credit, as per legal requirements. The Tribunal directed the Adjudicating Authority to thoroughly examine the credit reversal process to ensure compliance with the law, ultimately setting aside the impugned order and allowing the appeal. Case-Laws Central Excise Tue, 22 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270476