https://www.taxtmi.com/caselaws?id=751827 The CESTAT NEW DELHI held that goods cleared under exemption notification are exempted goods regardless of CENVAT credit availability, and credit reversal under rule 6(3A) must be calculated accordingly. The appellant cannot retrospectively revise self-assessment after choosing exemption benefits, as assessments are appealable only before Commissioner (Appeals). Revenue neutrality cannot justify extended limitation period invocation without proving intention to evade. Since the entire demand period exceeded normal limitation and department failed to establish grounds for extended period, the demand was time-barred. Appeal allowed, impugned order set aside. en-us Fri, 12 Apr 2024 00:00:00 +0530 Fri, 26 Apr 2024 20:52:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751827 The CESTAT NEW DELHI held that goods cleared under exemption notification are exempted goods regardless of CENVAT credit availability, and credit reversal under rule 6(3A) must be calculated accordingly. The appellant cannot retrospectively revise self-assessment after choosing exemption benefits, as assessments are appealable only before Commissioner (Appeals). Revenue neutrality cannot justify extended limitation period invocation without proving intention to evade. Since the entire demand period exceeded normal limitation and department failed to establish grounds for extended period, the demand was time-barred. Appeal allowed, impugned order set aside. Case-Laws Central Excise Fri, 12 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751827