https://www.taxtmi.com/caselaws?id=442161 Amendments to Rule 6 of the CENVAT Credit Rules clarified options where common inputs and input services are used for both dutiable and exempted goods: maintain separate accounts for such inputs, reverse proportionate Cenvat credit following prescribed apportionment procedure, or reverse a fixed percentage of value for exempted goods. The 2010 retrospective amendment enabled adjustment even where separate accounts were not maintained, permitting reversal of proportionate credit or payment of the fixed-rate alternative for relevant pre-2010 periods. The respondent had reversed proportionate credit for periods from April 2008 onwards and the dispute for earlier periods was covered by the retrospective amendment; the appeal was dismissed and decided in favour of the assessee. en-us Thu, 24 Aug 2023 00:00:00 +0530 Wed, 28 Jan 2026 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442161 Amendments to Rule 6 of the CENVAT Credit Rules clarified options where common inputs and input services are used for both dutiable and exempted goods: maintain separate accounts for such inputs, reverse proportionate Cenvat credit following prescribed apportionment procedure, or reverse a fixed percentage of value for exempted goods. The 2010 retrospective amendment enabled adjustment even where separate accounts were not maintained, permitting reversal of proportionate credit or payment of the fixed-rate alternative for relevant pre-2010 periods. The respondent had reversed proportionate credit for periods from April 2008 onwards and the dispute for earlier periods was covered by the retrospective amendment; the appeal was dismissed and decided in favour of the assessee. Case-Laws Central Excise Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442161