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2015 (10) TMI 1918 - AT - Central ExciseCENVAT Credit - non maintenance of separate accounts of raw materials used for dutiable and exempted finished goods - clearance of the exempted finished goods - Held that:- There is no finding of the lower authorities that they have reversed the credit used on the exempted finished goods as contended by the appellants . We find that, in view of the retrospective amendment of Rule 6 (3) (b) of Cenvat Credit Rules by Finance Act, 2010, the appellants were entitled to reverse the proportionate Cenvat credit attributable to the quantum of input used in or in relation to manufacture of exempted final product. - Revenue raised the minor discrepancies on the reversal of the credit with the statement submitted by the appellant. In our considered view, the Adjudicating Authority should examine the reversal of credit. - Decided in favour of assessee.
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