https://www.taxtmi.com/caselaws?id=52429 Rule 57AD applies only where a manufacturer avails Cenvat credit and simultaneously manufactures or clears both dutiable and exempted final products, requiring separate input accounts or payment of the prescribed amount on exempted goods. Where the assessee manufactured only one final product, had reversed the credit standing in the account, did not take credit during exempted clearances, and later cleared goods on duty after the exemption limit was exhausted, the rule was not attracted. On those facts, the demand and penalty could not be sustained. en-us Mon, 03 Nov 2003 00:00:00 +0530 Tue, 05 Oct 2010 17:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52429 Rule 57AD applies only where a manufacturer avails Cenvat credit and simultaneously manufactures or clears both dutiable and exempted final products, requiring separate input accounts or payment of the prescribed amount on exempted goods. Where the assessee manufactured only one final product, had reversed the credit standing in the account, did not take credit during exempted clearances, and later cleared goods on duty after the exemption limit was exhausted, the rule was not attracted. On those facts, the demand and penalty could not be sustained. Case-Laws Central Excise Mon, 03 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52429