2012 (5) TMI 545

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....f the case is that the appellant is engaged in manufacture of various steel products falling under Chapter 72 of Customs Excise Tariff Act, 1985. The appellant cleared their finished goods CR sheets without payment of duty to SEZ developers. As per the provisions of Rule 6(1) of CENVAT Credit Rules, 2004, the CENVAT Credit shall not be allowed on such quantity of inputs and input services which ar....

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....ds are cleared to a unit in SEZ. It appeared that appellant cleared the goods to SEZ developer which is not specified in Rule 6(6). The appellant did not maintain separate account for the inputs used in the manufacture of such goods. Therefore, it appeared that they were liable to pay duty equivalent to 10% of the value of exempted goods cleared by them. 2. Proceedings were initiated which culm....