Restriction to use 20% of credit in case of non-maintenance of separate Cenvat a/cs for taxable & exempted services is only in respect of inputs service credit

CESTAT, NEW DELHI BENCH Bharat Sanchar Nigam Ltd. V/s. Commissioner of Central Excise, Meerut-II FINAL ORDER NO. 217 OF 2012 SM(BR) APPEAL NO. e/2890 OF 2009 SM MARCH 21, 2012 ORDER 1. Demand of Rs. 7,33,168/- stands confirmed against the appellants on the ground that during the relevant period they were providing taxable services as well as exempted services and inasmuch as they have not maintained separate accounts of inputs services and capital goods used in the above two types of services they were entitled to utilise only 20% of the credit. As they exceeded the said utili...