https://www.taxtmi.com/forum/issue?id=115187 Reversal under Rule 6(3) applies to exempted supplies only when Cenvat credit has been availed; where no input credit was taken for goods cleared under Notification No.30/2004, reversal does not arise. Notification No.13/2016 is not retrospective. The department's show cause notice demanding reversal for the relevant period is vulnerable to challenge, exports may be treated as duty-paid removing reversal, and option-related obligations arise only if a prior option is being changed; procedural lapses attract limited penalties. en-us Mon, 15 Jul 2019 22:57:33 +0530 Thu, 23 Jan 2025 15:55:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115187 Reversal under Rule 6(3) applies to exempted supplies only when Cenvat credit has been availed; where no input credit was taken for goods cleared under Notification No.30/2004, reversal does not arise. Notification No.13/2016 is not retrospective. The department's show cause notice demanding reversal for the relevant period is vulnerable to challenge, exports may be treated as duty-paid removing reversal, and option-related obligations arise only if a prior option is being changed; procedural lapses attract limited penalties. Discussion-Forum Central Excise Mon, 15 Jul 2019 22:57:33 +0530 https://www.taxtmi.com/forum/issue?id=115187