https://www.taxtmi.com/caselaws?id=468306 Reversal of Cenvat credit attributable to exempted clearances was treated as equivalent to non-availment of credit, so the demand to pay 8% of the value of exempt final products did not survive. The tribunal also found no basis for invoking the extended period of limitation for a notice issued in 2004 covering clearances from August 2000 to May 2002, and held the demand time barred. The impugned demand, interest, and penalty were set aside, with consequential relief to the assessee. en-us Wed, 13 Jun 2007 00:00:00 +0530 Tue, 28 Apr 2026 10:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468306 Reversal of Cenvat credit attributable to exempted clearances was treated as equivalent to non-availment of credit, so the demand to pay 8% of the value of exempt final products did not survive. The tribunal also found no basis for invoking the extended period of limitation for a notice issued in 2004 covering clearances from August 2000 to May 2002, and held the demand time barred. The impugned demand, interest, and penalty were set aside, with consequential relief to the assessee. Case-Laws Central Excise Wed, 13 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468306