2018 (3) TMI 1106

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.... J Mathew, Member (Technical) Shri H O Tiwari, Advocate for the appellant Shri M K Mall, Assistant Commissioner (AR) for the respondent Proceedings were initiated against Godavari Drugs for recovery of Rs. 1,15,875/- and Rs. 4,27,458/- representing the liability of 5%/6% of value of exempted products sold between 2008-09 and 2013-14 for having utilized credit of duty/tax on inputs/input s....

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....ther contention of the Learned Counsel is that this having been brought to the knowledge of the jurisdictional tax authorities the ingredients that can be invoked for the extended period does not exist. 3. Learned Authorised Representative submits that the appellant had all along claimed that they had been maintaining separate accounts which from the contention, they do not, appear to have, and....