TMI Blog2014 (8) TMI 331X X X X Extracts X X X X X X X X Extracts X X X X ..... of extended period of limitation - Held that:- there is nothing on record that the entire CENVAT Credit with respect to common packing material, used for manufacturing dutiable and exempted final products has been reversed by the appellant. In the absence of such data it cannot be said that appellant has reversed the entire credit with respect to packing material used in the manufacture of dutiabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he adjudicating authority. The issue involved is regarding reversal of CENVAT Credit @ 8% under Rule 6(3)(b) of CENVAT Credit Rules, 2001 2002 when appellant has not maintained separate accounts of common inputs used in the manufacture of dutiable and exempted final products. First appellate authority did not accept the argument of the appellant that they were not required to reverse amount @ 8% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ccounts of packing material used with respect to dutiable and exempted finished excisable goods. Ld.AR made the Bench go through the discussion and findings portion of the OIO dt.19.07.2006 to drive home the point that separate records of inputs used in the manufacture of dutiable and exempted final products were not maintained by the appellant. He also relied upon similar observations made by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... facturing dutiable and exempted final products has been reversed by the appellant. In the absence of such data it cannot be said that appellant has reversed the entire credit with respect to packing material used in the manufacture of dutiable and exempted final products. There is also no indication from the records to establish that appellant was maintaining separate accounts at all with respect ..... X X X X Extracts X X X X X X X X Extracts X X X X
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