https://www.taxtmi.com/caselaws?id=383089 Rule 57CC(1) of the Central Excise Rules, 1944 was construed purposively to target wrongful credit availment where exempted goods are wholly or substantially produced from common inputs. On the facts, the common inputs were used only to a negligible extent and the duty position had otherwise been regularised, so the assessee was not treated as having wrongly availed credit merely because separate inventory treatment under Rule 57CC(9) was not accepted. The demand under Rule 57CC was therefore held unsustainable, and the order was affirmed in favour of the assessee. en-us Wed, 10 Jul 2019 00:00:00 +0530 Wed, 04 Dec 2019 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383089 Rule 57CC(1) of the Central Excise Rules, 1944 was construed purposively to target wrongful credit availment where exempted goods are wholly or substantially produced from common inputs. On the facts, the common inputs were used only to a negligible extent and the duty position had otherwise been regularised, so the assessee was not treated as having wrongly availed credit merely because separate inventory treatment under Rule 57CC(9) was not accepted. The demand under Rule 57CC was therefore held unsustainable, and the order was affirmed in favour of the assessee. Case-Laws Central Excise Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383089