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2021 (8) TMI 174 - AT - Central ExciseCENVAT Credit - exempt goods - whether the appellant is required to pay 10% of value of exempted goods in terms of Rule 6(3) of Cenvat Credit Rules, 2004? - HELD THAT:- There is no dispute about reversal of credit on input services attributed to exempted goods. It is also observed that appellant have paid Cenvat credit and wherever there is delay in such payment, the appellant paid interest. In this position, it should be considered as if the appellant have not availed Cenvat credit. Accordingly, Rule 6(3) of Cenvat Credit Rules, 2004 shall not be invoked. Appeal allowed - decided in favor of appellant.
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