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2010 (5) TMI 734 - AT - Central ExciseReversal of CENVAT credit - Rule 6(3) (b) of CCR - non-maintenance of separate record regarding the inputs used in manufacture of exempted goods - Held that:- Rule 6 of CCR is amended retrospectively by the FA, 2010 and an option has been given to the manufacturer to reverse the credit in respect of the inputs used in the manufacture of exempted goods and the procedure is also prescribed in the amending section - The manufacturer who opts to pay the amount in accordance with the provisions, has to file an application to the Commissioner of Central Excise with the documentary evidence coupled with a certificate of a Chartered Accountant or a Cost Accountant, in case the amount of credit attributable to the inputs used in or in relation to the manufacture of final products which are exempted from whole of the duty of excise or chargeable to rate of duty. The Commissioner of Central Excise on receipt of such application would verify the input credit amount paid and pass an appropriate order - appeal allowed by way of remand.
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