https://www.taxtmi.com/caselaws?id=793975 Reversal of CENVAT credit attributable to exempt clearances under Rule 6(3), read with the deeming fiction in Rule 6(3D) of the CENVAT Credit Rules, 2004, is treated as credit not taken for an exemption requiring non-availment of input credit. Accordingly, exemption under Notification No. 30/2004-CE remains available despite prior credit availment where the prescribed reversal is made. As the exemption condition stands satisfied, the basis for duty, interest and penalty does not survive. Extended limitation is also unavailable where revenue had previously directed reversal under Rule 6. en-us Mon, 22 Jun 2026 00:00:00 +0530 Sat, 27 Jun 2026 08:33:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793975 Reversal of CENVAT credit attributable to exempt clearances under Rule 6(3), read with the deeming fiction in Rule 6(3D) of the CENVAT Credit Rules, 2004, is treated as credit not taken for an exemption requiring non-availment of input credit. Accordingly, exemption under Notification No. 30/2004-CE remains available despite prior credit availment where the prescribed reversal is made. As the exemption condition stands satisfied, the basis for duty, interest and penalty does not survive. Extended limitation is also unavailable where revenue had previously directed reversal under Rule 6. Case-Laws Central Excise Mon, 22 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793975