TMI Blog2018 (3) TMI 322X X X X Extracts X X X X X X X X Extracts X X X X ..... therefore, not required to be complied by the appellant. However, as the two lower authorities had not ascertained the veracity of the claim that credit had been reversed, the matter needs to be decided afresh - appeal allowed by way of remand. - E/87582/2015 - A/92190/2017 - Dated:- 13-10-2017 - Shri C J Mathew, Member (Technical) Shri Prasad Paranjape, Advocate - for the Appellant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rsals were effected at the time of issue of inputs for manufacture. The proportion of input services attributable to the exempted products was being reversed annually. According to him this would tantamount to never having taken the credit as laid down by the Hon ble Supreme Court in Chandrapur Magnet Wires (P) Ltd v. Collector of Central Excise, Nagpur [1996 (81) ELT 3 (SC)] and Commissione ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6(3) of CENVAT Credit Rules, 2004 had been disregarded by the appellant and, according to her, the demand of duty was a natural consequence. 4. It is seen that the effect of the claim of the appellant is that credit of duty had not been taken on inputs/input services used for exempt product and, therefore, they were in full accord with rule 6(1) of CENAT Credit Rules, 2004; the prescriptions in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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