https://www.taxtmi.com/caselaws?id=441265 The Tribunal allowed the appeal, setting aside the order, as the appellant's reversal of 5% of the value of exempted goods was deemed to fulfill exemption conditions under Notification No. 30/2004-CE. The Tribunal found that the appellant's availing of Cenvat Credit and subsequent reversal satisfied the exemption requirements, supported by the legal sustainability of Rule 6(3D). This judgment emphasizes the importance of complying with exemption conditions through the reversal of credits under the Cenvat Credit rules. en-us Wed, 02 Aug 2023 00:00:00 +0530 Fri, 04 Aug 2023 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441265 The Tribunal allowed the appeal, setting aside the order, as the appellant's reversal of 5% of the value of exempted goods was deemed to fulfill exemption conditions under Notification No. 30/2004-CE. The Tribunal found that the appellant's availing of Cenvat Credit and subsequent reversal satisfied the exemption requirements, supported by the legal sustainability of Rule 6(3D). This judgment emphasizes the importance of complying with exemption conditions through the reversal of credits under the Cenvat Credit rules. Case-Laws Central Excise Wed, 02 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441265