https://www.taxtmi.com/caselaws?id=434621 A retrospective amendment governing common-input cases for dutiable and exempted goods shifted the liability framework to reversal of actual credit attributable to exempted final products. Where the assessee had maintained common inputs, reversed proportionate credit with interest, and substantially complied with the amended regime, the demand for 8% of the value of exempted goods was not sustainable. A procedural omission in filing the post-amendment application was not treated as fatal when the assessee had bona fide pursued remedies and had otherwise met the substantive requirement. en-us Wed, 22 Feb 2023 00:00:00 +0530 Tue, 26 Sep 2023 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434621 A retrospective amendment governing common-input cases for dutiable and exempted goods shifted the liability framework to reversal of actual credit attributable to exempted final products. Where the assessee had maintained common inputs, reversed proportionate credit with interest, and substantially complied with the amended regime, the demand for 8% of the value of exempted goods was not sustainable. A procedural omission in filing the post-amendment application was not treated as fatal when the assessee had bona fide pursued remedies and had otherwise met the substantive requirement. Case-Laws Central Excise Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434621