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Central Excise - Highlights / Catch Notes

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Cenvat Credit - manufacture of dutiable and exempted final ...


Cenvat Credit Dispute: Assessee Allegedly Failed to Separate Accounts for Dutiable and Exempted Goods per Rule 6(3)(i) Cenvat Credit Rules.

July 24, 2016

Case Laws     Central Excise     AT

Cenvat Credit - manufacture of dutiable and exempted final products - revenue submitted that assessee has neither maintained separate accounts nor paid an amount equal to 5%/10% on the value of clearances of exempted final products in terms of Rule 6(3)(i) of the Cenvat Credit Rules, 2004. - Revenue can recover the demand only for the normal period of one year from the relevant date - AT

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