https://www.taxtmi.com/caselaws?id=430975 Rule 6(3) of the Cenvat Credit Rules, 2004 demand was held unsustainable where the appellant maintained separate records for cenvatable and non-cenvatable inputs and showed that no credit was taken on inputs used in exempted goods, while proportionate credit on common input services had been reversed. Chartered Accountant certificates, including revised certificates produced during hearing, supported the claim of non-availment and reversal. On the figures furnished, the credit not taken or reversed exceeded the amount demanded, so the demand could not survive. Interest, penalty on the appellant, and personal penalty on the manager were therefore also not maintainable. en-us Mon, 28 Nov 2022 00:00:00 +0530 Sat, 03 Dec 2022 06:59:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430975 Rule 6(3) of the Cenvat Credit Rules, 2004 demand was held unsustainable where the appellant maintained separate records for cenvatable and non-cenvatable inputs and showed that no credit was taken on inputs used in exempted goods, while proportionate credit on common input services had been reversed. Chartered Accountant certificates, including revised certificates produced during hearing, supported the claim of non-availment and reversal. On the figures furnished, the credit not taken or reversed exceeded the amount demanded, so the demand could not survive. Interest, penalty on the appellant, and personal penalty on the manager were therefore also not maintainable. Case-Laws Central Excise Mon, 28 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430975