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2022 (12) TMI 1330 - AT - Central ExciseCENVAT Credit - ammonia, intermediate products - common inputs/ input services used in manufacture of exempted and dutiable goods - non-maintenance of separate records - reversal of proportionate credit under rule 6(3A) of the CENVAT Credit Rules, 2004 - HELD THAT:- The issue in M/S CHAMBAL FERTILISERS AND CHEMICALS LIMITED VERSUS THE COMMISSIONER, CENTRAL EXCISE AND CENTRAL GOODS & SERVICE TAX, UDAIPUR (RAJASTHAN) [2022 (11) TMI 644 - CESTAT NEW DELHI] arose out of two show cause notices for issued the previous period on the same ground that the appellant had availed excess CENVAT credit by including the value of urea and single super phosphate while computing proportionate credit. It was held in the case that we find that the appellant has correctly reversed proportionate amount of Cenvat credit reckoning the value of the urea removed instead of reckoning the intermediate product ammonia which has gone into the manufacture of such urea. The appellant had correctly reversed the proportionate amount of CENVAT credit - Appeal allowed - decided in favor of appellant.
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