TMI Blog2018 (10) TMI 463X X X X Extracts X X X X X X X X Extracts X X X X ..... it proportionate to the common input services relatable to dutiable as also exempted services. Such reversal entries do not stand disputed by the authorities below. The confirmation of demand in terms of the provisions of Rule 6(3)(i) is neither justified nor warranted inasmuch as reversal of credit amounts to a situation as if no credit was ever availed by the assessee. Appeal allowed - dec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... services, which also stands used for export and trading activities by Bombay office. As such, they were of the view that the appellant, by using the common Cenvatable input services for dutiable as also exempted activities, are required to pay 5% / 6% of the value of their final exempted activities in terms of the provisions of Rule 6(3) of the Cenvat Credit Rules. Accordingly, proceedings were in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... calculated more and have reversed more, though he is not claiming the refund of the excess amount so reversed by them. He further clarifies that though the Bombay office is also doing the export trading from China to USA but the Revenue has taken into consideration the value of the said activities also, by adopting the figures as reflected in their balance sheet. As such, he submits that there was ..... X X X X Extracts X X X X X X X X Extracts X X X X
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