https://www.taxtmi.com/caselaws?id=325760 Where credit attributable to sulphuric acid used in a separate process for producing acid oil had already been reversed, Rule 6 of the Cenvat Credit Rules, 2002 did not justify a further demand of 8% of the value of exempted acid oil. The article also notes that, for goods received for reprocessing, the demand based on alleged account irregularities and non-entry in RG-I was not upheld because the records showed proper entry and reversal of duty credit, and strict one-to-one correlation was treated as impracticable in a high-turnover unit. The substantive demand failed, while the remand for verification on the accounting issue was sustained. en-us Fri, 19 Feb 2016 00:00:00 +0530 Thu, 16 Feb 2017 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325760 Where credit attributable to sulphuric acid used in a separate process for producing acid oil had already been reversed, Rule 6 of the Cenvat Credit Rules, 2002 did not justify a further demand of 8% of the value of exempted acid oil. The article also notes that, for goods received for reprocessing, the demand based on alleged account irregularities and non-entry in RG-I was not upheld because the records showed proper entry and reversal of duty credit, and strict one-to-one correlation was treated as impracticable in a high-turnover unit. The substantive demand failed, while the remand for verification on the accounting issue was sustained. Case-Laws Central Excise Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325760