https://www.taxtmi.com/caselaws?id=349340 Where an assessee maintained separate inventory and accounts for inputs used in exempted clearances and did not avail Modvat credit on those inputs, the factual basis for demanding 8% of the value of exempted goods under Rule 57CC did not survive. The Range Superintendent's report confirmed separate records and non-availment of credit, and that report was never displaced. On that basis, the demand was held unsustainable and the issue was decided for the assessee. en-us Wed, 30 Aug 2017 00:00:00 +0530 Thu, 12 Oct 2017 08:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349340 Where an assessee maintained separate inventory and accounts for inputs used in exempted clearances and did not avail Modvat credit on those inputs, the factual basis for demanding 8% of the value of exempted goods under Rule 57CC did not survive. The Range Superintendent's report confirmed separate records and non-availment of credit, and that report was never displaced. On that basis, the demand was held unsustainable and the issue was decided for the assessee. Case-Laws Central Excise Wed, 30 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349340