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M/s Mepro Pharmaceuticals Pvt Ltd Versus Commissioner of Central Excise-Bhavnagar

2015 (9) TMI 1320 - CESTAT AHMEDABAD

Denial of CENVAT Credit - Availment of Credit on exempted product - appellant reversed the proportionate credit used in the manufacture of the exempted final product alongwith interest - Held that:- Appellant reversed the proportionate credit used in .....

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. In our considered view, the Adjudicating Authority is required to examine the reversal of credit alongwith interest as per provision under Rule 6(3A) of the said Rules. - Matter remanded back - Decided in favour of assessee. - Appeal No : E/959/201 .....

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hat, the appellant were engaged in the manufacture of P & P Medicaments classifiable under Chapter 30 of the Central Excise Tariff Act 1985. The appellant was clearing dutiable and exempted final products. The appellants availed CENVET credit on .....

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rest of ₹ 4,28,305 on 16.01.2012. By letter dated 10.01.2012, they have informed the Superintendent of Central Excise Audit with the calculation sheet as per Rule 6(3A) of the Cenvat Credit Rules, 2004. A Show Cause Notice dated 02.05.2012 was .....

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main contention of the Learned Counsel for the appellant that they have reversed credit alongwith interest, used in the manufacture of exempted final products, and therefore, the demand of the amount 8%/10% of value of exempted goods, as confirmed in .....

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r the amendment of Rule 6 Rules, 2004. The Learned Authorised Representative for the Revenue, strongly relied upon the decision of the Bombay High Court in the case of Commissioner of Central Excise, Thane -I vs. Nicholas Piramal (India) Ltd. 2009 (2 .....

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