https://www.taxtmi.com/caselaws?id=3647 Rule 6(3)(b) of the Cenvat Credit Rules, 2002 was construed as fixing the amount payable for exempted goods by reference to the value of clearances, but not as prescribing a separate payment schedule. Reading Explanation I, Explanation II and Section 2A of the Central Excise Act, 1944 together, the amount could be debited through CENVAT credit and, on default, recovered with interest in the same manner as wrongly taken credit. In the absence of a specific mechanism in Rule 6(3)(b), Rule 8(1) of the Central Excise Rules, 2002 governed the manner of payment. The Revenue's challenge failed. en-us Wed, 17 Oct 2007 00:00:00 +0530 Mon, 21 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3647 Rule 6(3)(b) of the Cenvat Credit Rules, 2002 was construed as fixing the amount payable for exempted goods by reference to the value of clearances, but not as prescribing a separate payment schedule. Reading Explanation I, Explanation II and Section 2A of the Central Excise Act, 1944 together, the amount could be debited through CENVAT credit and, on default, recovered with interest in the same manner as wrongly taken credit. In the absence of a specific mechanism in Rule 6(3)(b), Rule 8(1) of the Central Excise Rules, 2002 governed the manner of payment. The Revenue's challenge failed. Case-Laws Central Excise Wed, 17 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3647