https://www.taxtmi.com/caselaws?id=329161 Rule 6(3)(b) of the Cenvat Credit Rules, 2004 does not apply where the disputed products arise from a process held not to amount to manufacture, because credit and the corresponding neutralisation mechanism operate only when there is a manufacturer producing dutiable or exempted final products. Goods that are merely excisable in tariff terms, but not manufactured, are not exempted goods for Rule 2(d) purposes, so credit cannot be claimed at the threshold. The penalty was set aside, and the demand was remanded for verification of the credit already reversed by the assessee and for recomputation accordingly. en-us Wed, 08 Jun 2016 00:00:00 +0530 Fri, 10 Feb 2017 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329161 Rule 6(3)(b) of the Cenvat Credit Rules, 2004 does not apply where the disputed products arise from a process held not to amount to manufacture, because credit and the corresponding neutralisation mechanism operate only when there is a manufacturer producing dutiable or exempted final products. Goods that are merely excisable in tariff terms, but not manufactured, are not exempted goods for Rule 2(d) purposes, so credit cannot be claimed at the threshold. The penalty was set aside, and the demand was remanded for verification of the credit already reversed by the assessee and for recomputation accordingly. Case-Laws Central Excise Wed, 08 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329161