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2019 (6) TMI 678 - AT - Central ExciseCENVAT Credit - common inputs used for exempted as well as dutiable goods - non-maintenance of separate sets of accounts - interest and penalty - HELD THAT:- This issue is now well settled vide retrospective amendment to Rule 6 of CENVAT Credit Rules 2004 under Section 73 of the Finance Act 2010, according to which, when CENVAT credit on common input used for dutiable and exempted goods was availed, reversal of credit attributable to the inputs used in the manufacture of exempted goods is sufficient. The appellant have made out a case to seek waiver of the penalty. Appeal allowed - decided in favor of appellant.
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