https://www.taxtmi.com/caselaws?id=362050 Reversal of proportionate Cenvat credit attributable to trading activity, treated as an exempted service, was held to have the effect of treating that credit as never availed for that portion. On that basis, the liability to pay 6% of the value under Rule 6(3)(i) did not survive merely because separate accounts were not maintained, and the demand was unsustainable. The impugned order was set aside and the appeal was allowed with consequential relief. en-us Tue, 29 May 2018 00:00:00 +0530 Tue, 19 Jun 2018 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362050 Reversal of proportionate Cenvat credit attributable to trading activity, treated as an exempted service, was held to have the effect of treating that credit as never availed for that portion. On that basis, the liability to pay 6% of the value under Rule 6(3)(i) did not survive merely because separate accounts were not maintained, and the demand was unsustainable. The impugned order was set aside and the appeal was allowed with consequential relief. Case-Laws Central Excise Tue, 29 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362050