Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2012 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (12) TMI 678 - CESTAT MUMBAINon maintenance of separate accounts for two types of activities - input services used for manufacturing and trading activities separately - liable to pay duty @10%/5% on their clearances of goods in trading activity as per Rule 6(2) of the CENVAT Credit Rules, 2004 - Held that:- As the applicants has not taken credit of common input service attributable to trading activity they covered under Rule 6(1) of CENVAT Credit Rules, 2004 and the provisions of Rule 6(2) of CENVAT Credit Rules, 2004 are not applicable. Therefore, they are not liable to pay 10%/5% of the value of the traded goods - applicant has made out a case for 100% waiver of pre-deposit.
|