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2012 (2) TMI 288 - AT - Central ExciseNon-reversal of proportionate credit on input service going into the manufacture of exempted product – slag generated during the course of manufacture of MS ingots – Revenue contended procedure under Rule 6(3A) has not been followed – reversed the credit and imposed demand & penalty – Held that:- Dispute is only about compliance with some procedure. Proportionate credit on inputs and input service going into the manufacture of exempted product stands reversed and hence a demand for 10% of the value of exempted goods is prima facie not warranted. Dues are waived – Decided in favor of assessee.
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