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2019 (3) TMI 100 - AT - Central ExciseCENVAT Credit - common inputs used in dutiable as well as exempt goods - iron ores - reversal of 6% of iron ores in terms of Rule 6(3A) of CCR 2004 - whether the iron ore fines are to be treated as excisable goods manufactured by the appellant which are exempted by virtue of exemption notification and correspondingly whether an amount needs to be reversed under Rule 6(3) of CCR 2004? - Held that:- W.E.F. 01.03.2015, the reversal under Rule 6(1) of CCR is necessary even in respect of non excisable goods which are cleared for consideration from the factory - post 01.03.2015, even for iron ore fines, reversal of CENVAT Credit is necessary. As the matter is a decided matter on merits, there is no need to go into the question of limitation. Appeal allowed - decided in favor of appellant.
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