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2018 (11) TMI 1199 - CESTAT CHENNAICENVAT Credit - common input services for trading as well as manufacturing activity - non-maintenance of separate records - Rule 6(3) of the CENVAT Credit Rules, 2004 - Held that:- The issue decided in the case of M/S. SHANTI GEARS LTD. VERSUS PRINCIPAL COMMISSIONER OF GST & CENTRAL EXCISE (COIMBATORE) [2018 (6) TMI 378 - CESTAT CHENNAI] where it was held that The appellants have reversed the credit, as under Rule 3(5), when they have cleared the goods as such. In a normal trading activity, the goods which are procured, are sold and there is no question of availing the credit of such goods or clearing them on the payment of duty. Credit allowed - appeal allowed - decided in favor of appellant.
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