https://www.taxtmi.com/caselaws?id=329832 The Tribunal ruled in favor of the appellant in a case concerning cenvat credit reversal for exempted goods clearance under CCR 2004. The appellant, engaged in manufacturing cotton yarn, successfully argued that certain services exclusively used for export were eligible for 100% credit and not subject to proportionate credit reversal. The Tribunal upheld the appellant's position, emphasizing the eligibility of services under Rule 6(5) of CCR and the government's policy to support competitiveness in foreign markets by not burdening exported goods with domestic taxes. The appeal was allowed, and the impugned order was set aside. en-us Wed, 06 Jul 2016 00:00:00 +0530 Fri, 24 Feb 2017 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329832 The Tribunal ruled in favor of the appellant in a case concerning cenvat credit reversal for exempted goods clearance under CCR 2004. The appellant, engaged in manufacturing cotton yarn, successfully argued that certain services exclusively used for export were eligible for 100% credit and not subject to proportionate credit reversal. The Tribunal upheld the appellant's position, emphasizing the eligibility of services under Rule 6(5) of CCR and the government's policy to support competitiveness in foreign markets by not burdening exported goods with domestic taxes. The appeal was allowed, and the impugned order was set aside. Case-Laws Central Excise Wed, 06 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329832