https://www.taxtmi.com/caselaws?id=345480 CENVAT credit attributable to common inputs used in exempted and dutiable goods had to be computed on the correct methodology, because inputs exclusively used for exempted products were wrongly treated as common inputs. The credit figure therefore required fresh determination, and the matter was remanded for re-computation after hearing the assessee. Since the underlying credit amount was not correctly determined, insistence on interest on that computation could not be sustained. The objection that the order was time-barred was rejected because the order was passed within the relevant period. en-us Thu, 08 Jun 2017 00:00:00 +0530 Sat, 02 Sep 2017 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345480 CENVAT credit attributable to common inputs used in exempted and dutiable goods had to be computed on the correct methodology, because inputs exclusively used for exempted products were wrongly treated as common inputs. The credit figure therefore required fresh determination, and the matter was remanded for re-computation after hearing the assessee. Since the underlying credit amount was not correctly determined, insistence on interest on that computation could not be sustained. The objection that the order was time-barred was rejected because the order was passed within the relevant period. Case-Laws Central Excise Thu, 08 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345480