https://www.taxtmi.com/caselaws?id=380616 The Tribunal ruled in favor of the appellant on all issues raised. It held that the appellant could avail CENVAT Credit based on the actual usage of inputs for manufacturing dutiable and exempted goods, rather than the entire invoice amounts. The requirement for maintaining separate books of accounts for reversing the value of exempted goods did not apply when credit was based on actual usage. The Tribunal also allowed the appellant to avail CENVAT Credit on exempted goods exported under notification No. 24/2010 and clarified that goods cleared under Chapter X procedure are not exempted, hence no reversal of credit was necessary under Rule 6(3)(i) of CCR 2004. en-us Wed, 10 Apr 2019 00:00:00 +0530 Fri, 24 May 2019 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380616 The Tribunal ruled in favor of the appellant on all issues raised. It held that the appellant could avail CENVAT Credit based on the actual usage of inputs for manufacturing dutiable and exempted goods, rather than the entire invoice amounts. The requirement for maintaining separate books of accounts for reversing the value of exempted goods did not apply when credit was based on actual usage. The Tribunal also allowed the appellant to avail CENVAT Credit on exempted goods exported under notification No. 24/2010 and clarified that goods cleared under Chapter X procedure are not exempted, hence no reversal of credit was necessary under Rule 6(3)(i) of CCR 2004. Case-Laws Central Excise Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380616