https://www.taxtmi.com/caselaws?id=302581 The Tribunal set aside the central excise duty demand raised against the appellant for the period of September 2006 to September 2008 under Rule 6(3)(b) due to alleged lack of separate records for dutiable and exempted goods. The appellant's reversal of Cenvat credit for exempted goods before utilization, supported by legal precedents and Tribunal decisions, was deemed compliant with legal requirements. The Tribunal emphasized the importance of reversing credit before utilization to avoid penalties and concluded that the appellant's actions aligned with legal principles, leading to the allowance of the appeal and consequential relief. en-us Wed, 28 Jul 2021 00:00:00 +0530 Mon, 06 Jun 2022 20:38:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302581 The Tribunal set aside the central excise duty demand raised against the appellant for the period of September 2006 to September 2008 under Rule 6(3)(b) due to alleged lack of separate records for dutiable and exempted goods. The appellant's reversal of Cenvat credit for exempted goods before utilization, supported by legal precedents and Tribunal decisions, was deemed compliant with legal requirements. The Tribunal emphasized the importance of reversing credit before utilization to avoid penalties and concluded that the appellant's actions aligned with legal principles, leading to the allowance of the appeal and consequential relief. Case-Laws Central Excise Wed, 28 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302581