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TMI Blog2018 (6) TMI 1248X X X X Extracts X X X X X X X X Extracts X X X X ..... mitted fact that the appellants have reversed the proportionate Cenvat credit attributable to the turnover of natural gas an exempt product on 1st Sept. 2014 and 24th Jan. 2015. As regards the retrospective effect of the amended provisions under Rule 6(3), with effect from 1.3.2016, which enables an assessee to reverse the proportionate credit attributable to exempt turn over, the same stands adju ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f reversal under the provisions of Rule 6(3) of CCR, 2004. 3. The appellant - M/s Oil India Ltd. is a Public Sector Undertaking engaged in exploring oils and natural gas and they clear the same after mining production. The appellant produces mainly two items i.e. natural gas falling under CTH 27112100 chargeable at Nil rate of duty and also manufacture 'condensate' (crude oil) falling under CTH 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvat credit attributable towards Exempted goods d/c X a 26,75,694/- 5. Vide a separate impugned orders, the proposed demand of Cenvat credit under Rule 6(3) was confirmed and for the period from 1st Feb. 2009 to 31st March 2011, was dropped on the ground that Rule 6(3) was not applicable to common input service relating to repair and maintenance, not used exclusively for exempted goods (which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ounsel have also stated that the issue is no longer res integra, is squarely covered by Hon'ble Rajasthan High Court in CCE Vs. Secure Meters Ltd. - 2017 (354) ELT A32 (Raj.) wherein Hon'ble High Court have confirmed the ruling of this Tribunal reported as 2017 (354) ELT 146 (Tri.). As regards the retrospective effect of the amended provisions under Rule 6(3), with effect from 1.3.2016, which enab ..... X X X X Extracts X X X X X X X X Extracts X X X X
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