https://www.taxtmi.com/caselaws?id=326332 Common inputs used interchangeably for own-manufacture and job-work production were not treated as diverted or removed because they were consumed within the factory and movements were contemporaneously recorded through goods receipt notes. The Modvat/Cenvat scheme did not require one-to-one correlation between particular inputs and final products, and there was no prohibition on inter-utilisation of common inputs by the same assessee where the inputs were not used for exempted goods. The demand was therefore unsustainable and the penalty could not survive. en-us Fri, 08 Apr 2016 00:00:00 +0530 Fri, 10 Feb 2017 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326332 Common inputs used interchangeably for own-manufacture and job-work production were not treated as diverted or removed because they were consumed within the factory and movements were contemporaneously recorded through goods receipt notes. The Modvat/Cenvat scheme did not require one-to-one correlation between particular inputs and final products, and there was no prohibition on inter-utilisation of common inputs by the same assessee where the inputs were not used for exempted goods. The demand was therefore unsustainable and the penalty could not survive. Case-Laws Central Excise Fri, 08 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326332