2009 (12) TMI 1020

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..... the case are that the respondents are engaged in the manufacture of M.S. Pipes fittings and had been taking credit on inputs and paying duty on its final products. They opted for availing SSI exemption vide Notification No. 8/2003 dated 01.03.2003 for the year 2005-06. During the scrutiny of monthly return submitted by the appellant it is observed that there was NIL CENVAT Credit balance as on 1. .....

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..... pted from duty, but in this case the respondents have opted for SSI exemption, so the facts are different and the lower appellate authority has relied on different facts, hence the impugned order needs to be set aside. 3. On the other hand, Shri Mayur Shroff, learned Advocate appearing on behalf of the respondents submits that in the case of Commissioner of Central Excise, Chandigarh Vs. CNC C .....

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..... LT 239 (P H ), wherein the Hon`ble High Court has held that in the case of SSI exemption, reversal of credit when assessee opted for small scale exemption No one to one relationship of inputs used and the final products manufactured and cleared from the factory credit of duty paid on inputs cannot be confined to a particular raw material to which the credit is related and out of which a final pr .....

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