https://www.taxtmi.com/caselaws?id=3748 Full reversal of Cenvat credit attributable to exempted goods, together with interest, treats the manufacturer as having taken no credit on the relevant inputs. Consequently, the Rule 6 obligation to maintain separate accounts or pay a prescribed percentage of the exempted goods' sale value does not survive. Although Rule 6 may generally apply where common inputs yield both dutiable and exempt excisable products, including unintended by-products, that principle did not sustain the demand once attributable credit was fully reversed. The demand for payment based on the exempted goods' sale value was therefore neutralised, and the impugned order was set aside with consequential relief. en-us Wed, 03 Oct 2007 00:00:00 +0530 Fri, 25 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3748 Full reversal of Cenvat credit attributable to exempted goods, together with interest, treats the manufacturer as having taken no credit on the relevant inputs. Consequently, the Rule 6 obligation to maintain separate accounts or pay a prescribed percentage of the exempted goods' sale value does not survive. Although Rule 6 may generally apply where common inputs yield both dutiable and exempt excisable products, including unintended by-products, that principle did not sustain the demand once attributable credit was fully reversed. The demand for payment based on the exempted goods' sale value was therefore neutralised, and the impugned order was set aside with consequential relief. Case-Laws Central Excise Wed, 03 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3748