https://www.taxtmi.com/caselaws?id=392937 Where an assessee manufactures both dutiable and exempted goods, the Cenvat Credit Rules require either maintenance of separate accounts or compliance with the prescribed option if separate accounts are not maintained. A subsequent reversal of credit with interest does not, by itself, discharge the obligation to pay the stipulated amount on exempted goods when that statutory choice was not followed. The Gujarat High Court treated the issue as already conclusively settled between the same parties on the same legal question, so the later appeal could not reopen it and was rejected in favour of the assessee. en-us Thu, 27 Feb 2020 00:00:00 +0530 Tue, 24 Mar 2020 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392937 Where an assessee manufactures both dutiable and exempted goods, the Cenvat Credit Rules require either maintenance of separate accounts or compliance with the prescribed option if separate accounts are not maintained. A subsequent reversal of credit with interest does not, by itself, discharge the obligation to pay the stipulated amount on exempted goods when that statutory choice was not followed. The Gujarat High Court treated the issue as already conclusively settled between the same parties on the same legal question, so the later appeal could not reopen it and was rejected in favour of the assessee. Case-Laws Central Excise Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392937