https://www.taxtmi.com/caselaws?id=52896 Where common inputs are used for dutiable and exempted goods and separate accounts are not maintained, Rule 57AD authorises recovery of an amount equal to 8% of the price of the exempted final products, and a circular cannot override that statutory mandate. The Tribunal upheld the demand on exempted products because the rule itself provided the recovery mechanism. On penalty, the dispute was treated as one of legal interpretation, so penal consequences were not justified and the penalty was set aside. en-us Wed, 31 Mar 2004 00:00:00 +0530 Wed, 17 Jul 2024 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52896 Where common inputs are used for dutiable and exempted goods and separate accounts are not maintained, Rule 57AD authorises recovery of an amount equal to 8% of the price of the exempted final products, and a circular cannot override that statutory mandate. The Tribunal upheld the demand on exempted products because the rule itself provided the recovery mechanism. On penalty, the dispute was treated as one of legal interpretation, so penal consequences were not justified and the penalty was set aside. Case-Laws Central Excise Wed, 31 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52896