https://www.taxtmi.com/caselaws?id=54835 Where proportionate input credit attributable to molasses used in manufacturing exempt rectified spirit had already been reversed, an 8% duty demand on the value of nil-rated clearances was not sustainable. The analysis treated the prior reversal of credit as the ative factual basis, and therefore the demand could not be justified merely by reliance on Rule 57CC. The controversy turned on whether the exempt clearances still attracted a separate duty liability despite reversal of the corresponding credit; on these facts, they did not. en-us Fri, 02 Dec 2005 00:00:00 +0530 Fri, 22 Oct 2010 12:37:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54835 Where proportionate input credit attributable to molasses used in manufacturing exempt rectified spirit had already been reversed, an 8% duty demand on the value of nil-rated clearances was not sustainable. The analysis treated the prior reversal of credit as the ative factual basis, and therefore the demand could not be justified merely by reliance on Rule 57CC. The controversy turned on whether the exempt clearances still attracted a separate duty liability despite reversal of the corresponding credit; on these facts, they did not. Case-Laws Central Excise Fri, 02 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54835