https://www.taxtmi.com/caselaws?id=753568 The Tribunal set aside the impugned order, allowing the appeal in favor of the appellant. The appellant, involved in manufacturing excisable goods, had availed Cenvat credit on inputs for both exempted and dutiable goods without separate accounts as per Rule 6(3)(b) of the CENVAT Credit Rules, 2004. The dispute emerged over duty demands following an increase in the retail price of exempted biscuits. The appellant reversed the credit with interest prior to the Show Cause Notice. The Tribunal, considering relevant case laws and amendments, concluded that the demand for 10% of the value of exempted goods was unsustainable. en-us Tue, 27 Feb 2024 00:00:00 +0530 Thu, 06 Jun 2024 08:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753568 The Tribunal set aside the impugned order, allowing the appeal in favor of the appellant. The appellant, involved in manufacturing excisable goods, had availed Cenvat credit on inputs for both exempted and dutiable goods without separate accounts as per Rule 6(3)(b) of the CENVAT Credit Rules, 2004. The dispute emerged over duty demands following an increase in the retail price of exempted biscuits. The appellant reversed the credit with interest prior to the Show Cause Notice. The Tribunal, considering relevant case laws and amendments, concluded that the demand for 10% of the value of exempted goods was unsustainable. Case-Laws Central Excise Tue, 27 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753568