Rule 6(3) Formula for Cenvat Credit Allocation Post-April 2011 Found Inadequate for Estimating Exempted and Dutiable Credits.

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....Cenvat Credit - common inputs and input services - Rule 6(3) - The formula prescribed for the period after 1.4.2011 does not provide reasonable estimate of the credit attributable to the exempted and dutiable activities - AT....