https://www.taxtmi.com/caselaws?id=429616 Cenvat credit on common inputs used in exempted final products was held inadmissible under the relevant credit rules, because the scheme is intended to prevent cascading of duty and does not extend to inputs used for exempt clearances. The adjudication was confined to the credit attributable to such common inputs, rather than the original proposal to demand an amount linked to the value of exempted goods, and that limited demand was upheld. The assessee's challenge therefore failed. en-us Tue, 25 Oct 2022 00:00:00 +0530 Wed, 02 Nov 2022 09:11:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429616 Cenvat credit on common inputs used in exempted final products was held inadmissible under the relevant credit rules, because the scheme is intended to prevent cascading of duty and does not extend to inputs used for exempt clearances. The adjudication was confined to the credit attributable to such common inputs, rather than the original proposal to demand an amount linked to the value of exempted goods, and that limited demand was upheld. The assessee's challenge therefore failed. Case-Laws Central Excise Tue, 25 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429616