2012 (8) TMI 411

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..... appellants were using inputs in the manufacture of both exempted and dutiable products and the appellants did not follow procedures prescribed in Rule 6 of the CENVAT Credit Rules, 2004 and did not maintain separate accounts in respect of goods used in the manufacture of exempted products. Consequently, the Revenue proposed to demand 10% of the value of exempted products as per provision in Rule 6 .....

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..... tity of inputs which were going into the manufacture of exempted products could be correctly quantified and they have reversed proper amount of credit. It is submitted that they have submitted necessary application as per Section 73 of the Finance Act, 2010 and such application is pending for decision.   3. Learned AR for Revenue submits that he does not dispute the fact that, if proper reve .....

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