https://www.taxtmi.com/caselaws?id=432213 The Tribunal allowed the appeals, setting aside the orders of the Commissioner (Appeals) and confirming the appellant's correct approach in reversing proportionate credit based on the value of exempted goods under rule 6(3A) of the CENVAT Credit Rules, 2004. The judgment emphasizes the strict interpretation of taxation laws and the importance of considering the value of exempted goods in computing proportionate credit for dutiable goods, establishing a precedent for future cases involving similar issues. en-us Tue, 06 Dec 2022 00:00:00 +0530 Fri, 30 Dec 2022 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432213 The Tribunal allowed the appeals, setting aside the orders of the Commissioner (Appeals) and confirming the appellant's correct approach in reversing proportionate credit based on the value of exempted goods under rule 6(3A) of the CENVAT Credit Rules, 2004. The judgment emphasizes the strict interpretation of taxation laws and the importance of considering the value of exempted goods in computing proportionate credit for dutiable goods, establishing a precedent for future cases involving similar issues. Case-Laws Central Excise Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432213