https://www.taxtmi.com/caselaws?id=419552 The tribunal allowed the appeal, setting aside the impugned order. It held that the appellant is not liable to pay under Rule 6(3)(i) as the credit reversal complies with Rule 6(1). The appellant can maintain separate records and still avail CENVAT credit on common input services. The Revenue cannot enforce an option under Rule 6(3) on the appellant, and penalties under Rule 15 do not apply. The demand in the impugned order lacks legal basis once credits are reversed, leaving no cause of action for the Revenue. en-us Fri, 11 Mar 2022 00:00:00 +0530 Wed, 29 Mar 2023 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419552 The tribunal allowed the appeal, setting aside the impugned order. It held that the appellant is not liable to pay under Rule 6(3)(i) as the credit reversal complies with Rule 6(1). The appellant can maintain separate records and still avail CENVAT credit on common input services. The Revenue cannot enforce an option under Rule 6(3) on the appellant, and penalties under Rule 15 do not apply. The demand in the impugned order lacks legal basis once credits are reversed, leaving no cause of action for the Revenue. Case-Laws Central Excise Fri, 11 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419552