https://www.taxtmi.com/caselaws?id=53013 Duty remained payable on clinker captively consumed in making cement cleared under exemption, because the benefit for captive intermediate goods arose only from a later amendment and could not be applied retrospectively. Where separate records were not maintained for inputs used in exempted and dutiable clearances, pro rata credit reversal was insufficient and the prescribed 8% of the value of exempted clearances was recoverable. Penalty was also sustained, as the duty and credit reversal were made only after departmental detection rather than through voluntary compliance. en-us Thu, 04 Mar 2004 00:00:00 +0530 Sat, 09 Oct 2010 10:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53013 Duty remained payable on clinker captively consumed in making cement cleared under exemption, because the benefit for captive intermediate goods arose only from a later amendment and could not be applied retrospectively. Where separate records were not maintained for inputs used in exempted and dutiable clearances, pro rata credit reversal was insufficient and the prescribed 8% of the value of exempted clearances was recoverable. Penalty was also sustained, as the duty and credit reversal were made only after departmental detection rather than through voluntary compliance. Case-Laws Central Excise Thu, 04 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53013