https://www.taxtmi.com/caselaws?id=758138 Proportionate reversal of CENVAT credit attributable to exempted goods and exempted services was treated as sufficient compliance with Rule 6 of the CENVAT Credit Rules, 2004. The Tribunal noted that the adjudicating authority had proceeded on the mistaken assumption that a specific election under Rule 6(3A) was mandatory, without properly testing the factual correctness of the assessee's reversal claim. Because the original record had not been adequately scrutinised, the Tribunal set aside the impugned order and remanded the matter to the original authority for fresh decision in light of the appellant's submissions and the settled law. en-us Thu, 05 Sep 2024 00:00:00 +0530 Fri, 06 Sep 2024 10:09:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758138 Proportionate reversal of CENVAT credit attributable to exempted goods and exempted services was treated as sufficient compliance with Rule 6 of the CENVAT Credit Rules, 2004. The Tribunal noted that the adjudicating authority had proceeded on the mistaken assumption that a specific election under Rule 6(3A) was mandatory, without properly testing the factual correctness of the assessee's reversal claim. Because the original record had not been adequately scrutinised, the Tribunal set aside the impugned order and remanded the matter to the original authority for fresh decision in light of the appellant's submissions and the settled law. Case-Laws Central Excise Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758138