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2018 (6) TMI 877 - AT - Central ExciseCENVAT credit - common input services for manufacturing as well as trading activity - demand of 6% of the value of the said trading activity, in terms of provisions of Rule 6 (3)(i) of CCR - Held that:- The appellants took a categorical stand before the lower authorities that they have reversed the proportionate credit of tax relatable to the trading activity, thus, not having any legal obligation to pay 6% of the value of said service - when the proportionate credit relatable to exempted services/ goods stand reversed by assessee, the effect of the same would be, as if no credit was ever availed. In such a scenario, there would be no requirement on the part of the assessee to pay a particular percentage of the value of service / goods - appeal allowed - decided in favor of appellant.
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