https://www.taxtmi.com/caselaws?id=341410 The Tribunal upheld the Commissioner (Appeals) decision in a case involving availing cenvat credit on inputs for manufacturing exempted and dutiable goods. The appellant's reversal of credit at the time of exempted goods' clearance exempted them from payment under Rule 6(3) of Cenvat Credit Rules, 2004. The Tribunal dismissed the revenue's appeal, citing precedent and the Supreme Court judgment in Chandrapur Magnet, emphasizing that reversing credit at clearance eliminates the payment obligation under Rule 6(3). en-us Thu, 30 Mar 2017 00:00:00 +0530 Thu, 04 May 2017 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341410 The Tribunal upheld the Commissioner (Appeals) decision in a case involving availing cenvat credit on inputs for manufacturing exempted and dutiable goods. The appellant's reversal of credit at the time of exempted goods' clearance exempted them from payment under Rule 6(3) of Cenvat Credit Rules, 2004. The Tribunal dismissed the revenue's appeal, citing precedent and the Supreme Court judgment in Chandrapur Magnet, emphasizing that reversing credit at clearance eliminates the payment obligation under Rule 6(3). Case-Laws Central Excise Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341410