https://www.taxtmi.com/caselaws?id=366190 The Tribunal found the demand for payment of 10% / 5% of the value of exempted products under Rule 6(3) of CENVAT Credit Rules, 2004, to be unjustified. The appellants' compliance by reversing the credit was deemed sufficient notification of their choice, as per precedent. The Tribunal emphasized that the requirement to file a declaration was procedural and held that the demand for additional payment could not be sustained when the proportionate credit had been reversed. Consequently, the Tribunal set aside the demand, allowing the appeal with any consequential relief. en-us Wed, 23 May 2018 00:00:00 +0530 Fri, 31 Aug 2018 07:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366190 The Tribunal found the demand for payment of 10% / 5% of the value of exempted products under Rule 6(3) of CENVAT Credit Rules, 2004, to be unjustified. The appellants' compliance by reversing the credit was deemed sufficient notification of their choice, as per precedent. The Tribunal emphasized that the requirement to file a declaration was procedural and held that the demand for additional payment could not be sustained when the proportionate credit had been reversed. Consequently, the Tribunal set aside the demand, allowing the appeal with any consequential relief. Case-Laws Central Excise Wed, 23 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366190