Cenvat Credit Case: Separate Accounts for Inputs in Finished and Exempted Waste Products Deemed Impractical; Rules 6(2), 6(3) Inapplicable.

Cenvat Credit - it is impossible to maintain separate account and inventory of the inputs used in the manufacture of finished products and exempted product (waste) - the provisions of Rules 6(2) and 6(3) cannot be invoked as lex non cogit and impossibilio is a well settled legal principle - AT .....

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