Section 11D Demand Set Aside: Exempt Goods Not Covered Pre-2008 Amendment; Cenvat Credit Reversal u/r 6 Clarified.

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....Demand u/s 11D - collection of amount - reversal of cenvat credit under Rule 6 - The reference to Section 11D as it stood at the relevant time also makes it clear that the Section will have no application to exempted goods. Section 11D was made applicable to goods which are wholly exempted or chargeable to the ‘Nil’ rate of duty only after its amendment w.e.f. 10.05.2008. - Demand set aside.....