2011 (3) TMI 1223

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..... t's Certificate is considered as compliance of Rule 6 of CCR, 2004. As per the amendment made in the Finance Act, 2010, the appellant is entitled to take the benefit of the amendment which envisages reversal of input credit taken by them on the inputs which has gone in manufacturing of exempted products - Decided in favor of the assessee by way of remand - E/442/08 - Mum - - - Dated:- 3-3-2011 - .....

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..... med the demand raised in the show-cause notice, imposed penalty and also directed the appellant to pay interest on the confirmed amount of demand. 4. On careful consideration of the submissions, we find that the issue regarding reversal of CENVAT credit is attributable to the exempted goods which are cleared from the factory premises by the assessee. As per the retrospective amendment carried o .....

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