2015 (10) TMI 873

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....titioner : Shri B.L. Narsimhan, Advocate For the Respondent : Shri Pramod Kumar, DR ORDER Per Ashok Jindal: The appellants are in appeals against orders demanding 10% of the value of exempted goods in terms of provisions of Rule 6(3) of Cenvat Credit Rules, 2004. 2. As both the appeals are having common issue therefore both the appeals are disposed of by a common order. 3. The fa....

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....ance Act 2010 it is made clear that if an assessee has reversed Cenvat Credit on inputs attributable to manufacture of final exempted product along with interest, the assessee is not required to pay value of 5% / 10% of the exempted final product. He further submits that appellant has already reversed the same along with interest in compliance of the said amendment provisions, the appellant has co....