https://www.taxtmi.com/caselaws?id=342657 Reversal of CENVAT credit attributable to exempted goods before issuance of the show cause notice was treated as sufficient to prevent the demand under Rule 6(3)(b) of the CENVAT Credit Rules, 2004 from surviving on that basis. The High Court accepted that the Tribunal's remand was limited to verifying the extent and timing of reversal, together with the related interest claim, and found no reason to interfere with those directions. The issue was therefore answered in favour of the assessee, subject to the factual verification ordered below. en-us Thu, 13 Apr 2017 00:00:00 +0530 Tue, 09 May 2017 07:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342657 Reversal of CENVAT credit attributable to exempted goods before issuance of the show cause notice was treated as sufficient to prevent the demand under Rule 6(3)(b) of the CENVAT Credit Rules, 2004 from surviving on that basis. The High Court accepted that the Tribunal's remand was limited to verifying the extent and timing of reversal, together with the related interest claim, and found no reason to interfere with those directions. The issue was therefore answered in favour of the assessee, subject to the factual verification ordered below. Case-Laws Central Excise Thu, 13 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342657