https://www.taxtmi.com/caselaws?id=447377 CESTAT Kolkata allowed appellant's appeal by remand regarding CENVAT credit reversal. Appellant maintained separate accounts and properly avoided credit of Rs. 2.69 crores for exempted goods supplied to Railways under concessional duty rates. Department's demand of Rs. 35.39 crores (2009-11) and Rs. 49.43 crores (2011-13) was unsustainable. Only Rs. 54.46 lakhs credit for common inputs required proportionate reversal under Rule 6 CCR 2004. Extended period demand set aside due to absence of suppression as appellant filed regular returns. Matter remanded for quantifying credit reversal for normal period only. en-us Mon, 18 Dec 2023 00:00:00 +0530 Mon, 25 Dec 2023 09:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447377 CESTAT Kolkata allowed appellant's appeal by remand regarding CENVAT credit reversal. Appellant maintained separate accounts and properly avoided credit of Rs. 2.69 crores for exempted goods supplied to Railways under concessional duty rates. Department's demand of Rs. 35.39 crores (2009-11) and Rs. 49.43 crores (2011-13) was unsustainable. Only Rs. 54.46 lakhs credit for common inputs required proportionate reversal under Rule 6 CCR 2004. Extended period demand set aside due to absence of suppression as appellant filed regular returns. Matter remanded for quantifying credit reversal for normal period only. Case-Laws Central Excise Mon, 18 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447377