TMI Blog2014 (1) TMI 733X X X X Extracts X X X X X X X X Extracts X X X X ..... appellants were either reversing the credit or not utilizing the credit in respect of inputs used in the manufacture of exempted final product - At the most, it can be a question of quantification of such non- utilization of credit – Pre-deposits waived till the disposal - Unconditional stay granted. - Appeal No.2390 of 2011 - ORDER NO .SO/ 57021 /2013-EX(Br) - Dated:- 15-3-2013 - Ms. Archana W ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re meant for use in the manufacture of exempted final products. 3. We find that Commissioner has, while dealing with the above contention of the appellant observed as under: In the instant case, I find that the party was not maintaining separate records of inputs used in the exempted final products as well as in the dutiable final products. Rather, they left a certain quantity of input ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the facts and circumstances of this case. In the light of above facts, I hold that the party is liable to pay the amount equal to ten percent of the total price, excluding sales tax and other taxes, if any, paid on such goods, as envisaged in Rule 6(3)(b) ibid. 4. As it becomes clear from the above observations, the appellants were admittedly either reversing the credit or not utilizing the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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