https://www.taxtmi.com/caselaws?id=450345 Gujarat HC dismissed appeal regarding CENVAT credit reversal under Rule 6(3) of Credit Rules. Assessee adopted hybrid option by reversing 6% of exempted goods value, satisfying conditions under Notification No. 30/2004-C.E. Tribunal correctly allowed assessee's appeal and quashed demand. HC found no substantial question of law arose from Tribunal's order, confirming that proper reversal of credit met notification requirements. en-us Wed, 21 Feb 2024 00:00:00 +0530 Mon, 04 Mar 2024 09:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450345 Gujarat HC dismissed appeal regarding CENVAT credit reversal under Rule 6(3) of Credit Rules. Assessee adopted hybrid option by reversing 6% of exempted goods value, satisfying conditions under Notification No. 30/2004-C.E. Tribunal correctly allowed assessee's appeal and quashed demand. HC found no substantial question of law arose from Tribunal's order, confirming that proper reversal of credit met notification requirements. Case-Laws Central Excise Wed, 21 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450345