https://www.taxtmi.com/caselaws?id=339716 Where exemption applied only at the stage of clearance of otherwise dutiable goods to specified research institutions under an end-use notification, Rule 6(3) of the CENVAT Credit Rules, 2004 was not attracted because the assessee was not manufacturing a separate exempt final product alongside dutiable goods. Reversal of CENVAT credit on the inputs used for such clearances was treated as an adequate method of neutralising the credit benefit. On that basis, the duty demand and penalty could not be sustained, and the issue was decided in favour of the assessee. en-us Wed, 14 Sep 2016 00:00:00 +0530 Mon, 06 Mar 2017 11:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339716 Where exemption applied only at the stage of clearance of otherwise dutiable goods to specified research institutions under an end-use notification, Rule 6(3) of the CENVAT Credit Rules, 2004 was not attracted because the assessee was not manufacturing a separate exempt final product alongside dutiable goods. Reversal of CENVAT credit on the inputs used for such clearances was treated as an adequate method of neutralising the credit benefit. On that basis, the duty demand and penalty could not be sustained, and the issue was decided in favour of the assessee. Case-Laws Central Excise Wed, 14 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339716