https://www.taxtmi.com/caselaws?id=270638 The Tribunal upheld the appellant's reversal of Cenvat credit on common input services for manufacturing dutiable and exempted goods, relieving them from further demands based on the value of exempted goods. Penalties imposed were set aside as the reversal complied with Cenvat credit rules, and demanding additional amounts was deemed inconsistent with the law. Consequently, the demands related to the value of exempted clearances, interest liability, and penalties were set aside, and the appeal was disposed of accordingly. en-us Wed, 14 Oct 2015 00:00:00 +0530 Tue, 12 Jan 2016 00:48:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270638 The Tribunal upheld the appellant's reversal of Cenvat credit on common input services for manufacturing dutiable and exempted goods, relieving them from further demands based on the value of exempted goods. Penalties imposed were set aside as the reversal complied with Cenvat credit rules, and demanding additional amounts was deemed inconsistent with the law. Consequently, the demands related to the value of exempted clearances, interest liability, and penalties were set aside, and the appeal was disposed of accordingly. Case-Laws Central Excise Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270638