2018 (2) TMI 1744 – CESTAT HYDERABAD – TMI – Reversal of CENVAT Credit – benefit of N/N. 82/84 is availed – denial of benefit on the ground that the benefit of N/N. 82/84 is availed and exemption granted, appellant having availed CENVAT credit on common input services is required to reverse an amount equivalent to 6% of the value of the goods – Held that:- Identical issue decided in appellant own case INOX AIR PRODUCTS PVT. LTD. VERSUS CCE & ST VISAKHAPATNAM [2017 (9) TMI 500 – CESTAT HYDERABAD], where reliance was placed in the case of DHARAMSI MORARJI CHEMICAL CO. LTD. Versus COMMR. OF C. EX., RAIGAD [2010 (3) TMI 561 – CESTAT MUMBAI], where the very same rule 6 of Cenvat Credit Rules was invoked, where the Bench has held that the provis
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d Limited claiming exemption on following procedure required under Chapter X procedure. It is undisputed that the purchasers of the final products manufactured by the appellant have, followed the procedures under Chapter X. It is the case of the Revenue that the procedure followed under Notification No. 82/84 is an exemption granted and appellant having availed CENVAT credit on common input services which are utilised for the manufacturing of final products needs to maintain separate records, having not done so, should discharge an amount equivalent to 6% of the value of the goods cleared to Hindustan Shipyard Limited. 4. I find the issue is no more res integra. In the appellant s own case, vide Final Order No. A/31276/17 dated 17.08.2017 a
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