https://www.taxtmi.com/caselaws?id=764470 Cenvat credit is inadmissible on inputs and capital goods used exclusively to manufacture exempted goods. Where common inputs are used for both dutiable and exempted clearances but the prescribed option under the credit rules is not exercised, liability under the rule governing exempted clearances remains enforceable. The text also states that duty actually paid on exempted goods may be adjusted against the overall demand where the factual position and statutory scheme support that treatment. On that basis, the demand and credit denial were sustained, while the adjustment of duty paid on exempted goods was also accepted. en-us Thu, 09 Jan 2025 00:00:00 +0530 Sat, 11 Jan 2025 08:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764470 Cenvat credit is inadmissible on inputs and capital goods used exclusively to manufacture exempted goods. Where common inputs are used for both dutiable and exempted clearances but the prescribed option under the credit rules is not exercised, liability under the rule governing exempted clearances remains enforceable. The text also states that duty actually paid on exempted goods may be adjusted against the overall demand where the factual position and statutory scheme support that treatment. On that basis, the demand and credit denial were sustained, while the adjustment of duty paid on exempted goods was also accepted. Case-Laws Central Excise Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764470