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2014 (8) TMI 331 - AT - Central ExciseCENVAT Credit - packing material - reversal @ 8% under Rule 6(3)(b) of CENVAT Credit Rules, 2001 & 2002 - Non maintenance of seperate accounts - Whether appellant maintained separate accounts of common inputs used in the manufacture of dutiable and exempted final products - Invocation of extended period of limitation - Held that:- there is nothing on record that the entire CENVAT Credit with respect to common packing material, used for manufacturing dutiable and exempted final products has been reversed by the appellant. In the absence of such data it cannot be said that appellant has reversed the entire credit with respect to packing material used in the manufacture of dutiable and exempted final products. There is also no indication from the records to establish that appellant was maintaining separate accounts at all with respect to dutiable and finished excisable goods. On merits appellant has no case. Further, the issue was detected first by the Revenue during Audit, therefore, extended period will be applicable in these proceedings - Decided against assessee.
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