https://www.taxtmi.com/caselaws?id=349542 The Tribunal found the appellants not liable for payment of 10% of the value of exempted goods due to their failure to maintain separate accounts for common inputs. The appellants had reversed proportionate credit despite not maintaining separate accounts, which the department disregarded. The Tribunal referenced a previous judgment in the appellants' favor and cited relevant case law supporting the adequacy of reversing credit on common inputs for exempted goods. As a result, the Tribunal set aside the demand, allowed the appeal, and provided for any consequential relief. en-us Wed, 16 Aug 2017 00:00:00 +0530 Tue, 17 Oct 2017 08:50:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349542 The Tribunal found the appellants not liable for payment of 10% of the value of exempted goods due to their failure to maintain separate accounts for common inputs. The appellants had reversed proportionate credit despite not maintaining separate accounts, which the department disregarded. The Tribunal referenced a previous judgment in the appellants' favor and cited relevant case law supporting the adequacy of reversing credit on common inputs for exempted goods. As a result, the Tribunal set aside the demand, allowed the appeal, and provided for any consequential relief. Case-Laws Central Excise Wed, 16 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349542