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2018 (10) TMI 149 - AT - Central ExcisePenalties - CENAVT Credit - common inputs used in manufacture of taxable as well as exempt goods - electricity, bagasse and press-mud - Rule 6(3) of the Cenvat Credit Rules - Held that:- The issue is no more res-integra and it stands held in number of decisions that reversal of Cenvat Credit would not require invocation of the provisions of Rule 6(3) - Hon’ble Supreme Court in the case of Union of India vs. DSCL Sugar Ltd. [2015 (10) TMI 566 - SUPREME COURT] has held that in the case of emergence of bagasse and press-mud there is no requirement of reversal of Cenvat Credit, inasmuch as the same are not manufactured products. The appellant is not contesting the said reversal and the same is upheld - however penalties are set aside - appeal dismissed - decided against Revenue.
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