https://www.taxtmi.com/caselaws?id=344913 The Court upheld the Tribunal's decision in favor of the Assessee, allowing Cenvat Credit for duty paid on input services used in manufacturing exempted goods that were exported. The Court emphasized the objective of neutralizing duties on inputs to enhance competitiveness in foreign markets, aligning with WTO principles. The ruling supported the Assessee's position under Rule 6(6) of the Cenvat Credit Rules, 2004, exempting the application of Rule 6(1) for goods cleared for export under bond. The Revenue's appeal was dismissed, and no costs were awarded. en-us Tue, 20 Jun 2017 00:00:00 +0530 Thu, 04 Jan 2018 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344913 The Court upheld the Tribunal's decision in favor of the Assessee, allowing Cenvat Credit for duty paid on input services used in manufacturing exempted goods that were exported. The Court emphasized the objective of neutralizing duties on inputs to enhance competitiveness in foreign markets, aligning with WTO principles. The ruling supported the Assessee's position under Rule 6(6) of the Cenvat Credit Rules, 2004, exempting the application of Rule 6(1) for goods cleared for export under bond. The Revenue's appeal was dismissed, and no costs were awarded. Case-Laws Central Excise Tue, 20 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344913