https://www.taxtmi.com/caselaws?id=470953 Substantial compliance with Rule 57CC's separate-account requirement arises where separate records are maintained for inputs used in exempted and dutiable products. Isolated use of common inputs does not negate compliance when credit proportionate to exempt goods is reversed. Reversal of credit attributable to exempted goods before their removal is treated as non-availment of that credit. On the unchallenged factual record, the requirement was substantially met and no substantial question of law arose. en-us Mon, 08 Feb 2010 00:00:00 +0530 Fri, 14 Aug 2026 15:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470953 Substantial compliance with Rule 57CC's separate-account requirement arises where separate records are maintained for inputs used in exempted and dutiable products. Isolated use of common inputs does not negate compliance when credit proportionate to exempt goods is reversed. Reversal of credit attributable to exempted goods before their removal is treated as non-availment of that credit. On the unchallenged factual record, the requirement was substantially met and no substantial question of law arose. Case-Laws Central Excise Mon, 08 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470953