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TMI Blog2013 (10) TMI 265X X X X Extracts X X X X X X X X Extracts X X X X ..... rmada Valley Fertilizers Co. Ltd. [2012 (12) TMI 437 - SUPREME COURT] - the matter stands referred to a Larger Bench of the Apex Court in view of conflicting decisions of the Hon. Apex Court on the issue – assessee pleaded that since there is doubt expressed by the Hon. Apex Court itself on the issue, his stay petition should be allowed - it would be proper to waive pre-deposit of dues arising fro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rule 6 (2) of Cenvat Credit Rules 2001 and Cenvat Credit Rules 2002 gave room for doubt. The said sub-rule is reproduced below:- (2) where a manufacturer avails of CENVAT credit in respect of any inputs, except inputs intended to be used as fuel, and manufactures such final products which are chargeable to duty as well as exempted goods, then, the manufacturer shall maintain separate accounts f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly in the case of CCE Vs Gujarat Narmada Valley Fertilizers Co. Ltd. - 2012 (286) ELT 481 (SC), the matter stands referred to a Larger Bench of the Hon. Apex Court in view of conflicting decisions of the Hon. Apex Court on the issue. The Ld advocate pleads that since there is doubt expressed by the Hon. Apex Court itself on the issue, his stay petition should be allowed. 3. Ld. AR for Revenue re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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