https://www.taxtmi.com/caselaws?id=335568 The Tribunal dismissed the Revenue's appeal, upholding the order that the reversal of credit availed on common input service used in the manufacture of final exempted products after their clearance absolved the liability to pay 10% of the value of the exempted products. The Tribunal relied on previous decisions and held that the respondent's actions aligned with the judgments of the Allahabad and Gujarat High Courts, concluding that the respondent was not obligated to make the payment. The appeal was therefore dismissed, affirming the decision in favor of the respondent. en-us Mon, 26 Sep 2016 00:00:00 +0530 Mon, 05 Dec 2016 11:48:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335568 The Tribunal dismissed the Revenue's appeal, upholding the order that the reversal of credit availed on common input service used in the manufacture of final exempted products after their clearance absolved the liability to pay 10% of the value of the exempted products. The Tribunal relied on previous decisions and held that the respondent's actions aligned with the judgments of the Allahabad and Gujarat High Courts, concluding that the respondent was not obligated to make the payment. The appeal was therefore dismissed, affirming the decision in favor of the respondent. Case-Laws Central Excise Mon, 26 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335568