TMI Blog2008 (8) TMI 260X X X X Extracts X X X X X X X X Extracts X X X X ..... austic soda and boiler water treatment chemicals” are the only common inputs and molasses is only an intermediate product. Molasses cannot be considered as common input as has been contented by the appellants – demand of 8% of value of exempted goods is justified - E/2296/2006-Mum - A/591/2008-WZB/C-III/(SMB), - Dated:- 1-8-2008 - Shri K. K. Agarwal, Member (T) Shri S. S. Mutalik, Advocate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erial account for exempted goods, they were required to pay an amount of 8% of the value of the exempted products in terms of Rule 6(3)(b) of the Cenvat Credit Rules, 2002. The show cause notice proposed to demand duty amounting to Rs. 7,44,669/- under Rule 12 of the Cenvat Credit Rules, 2002 for the period August, 2002 to July, 2003 along with interest and proposed imposition of penalty under Rul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 10/96 they are not required to reverse any credit. 3. Ld. DR, however, submits that the common inputs used by the appellants are not molasses but various chemicals like phosphoric acid, caustic soda and boiler water treatment chemicals. In view of this, the instant case goes out of purview of Notification No. 10/96 and Cenvat credit reversal of 8% is required to be made, as the appellants ..... X X X X Extracts X X X X X X X X Extracts X X X X
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