https://www.taxtmi.com/caselaws?id=352557 The Tribunal ruled in favor of the appellant, emphasizing the necessity of maintaining separate accounts for inputs in exempted final products and clarifying the applicability of CENVAT Credit Rules and amended provisions of the Finance Act, 2010. The decision overturned the demand for payment for exempted goods, remanding the case for verification of the reversal of proportionate CENVAT credit for input services used in manufacturing exempted final products, stressing adherence to natural justice principles in subsequent proceedings. en-us Fri, 03 Nov 2017 00:00:00 +0530 Mon, 18 Dec 2017 08:24:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352557 The Tribunal ruled in favor of the appellant, emphasizing the necessity of maintaining separate accounts for inputs in exempted final products and clarifying the applicability of CENVAT Credit Rules and amended provisions of the Finance Act, 2010. The decision overturned the demand for payment for exempted goods, remanding the case for verification of the reversal of proportionate CENVAT credit for input services used in manufacturing exempted final products, stressing adherence to natural justice principles in subsequent proceedings. Case-Laws Central Excise Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352557