Spent Acid is not an exempted good so Rule 6(3) of CENVAT Credit Rules, 2004 not applicable

M/s IPF Vikram Sulphonation Limited Vs Commissioner of CGST, Central Excise (CESTAT Delhi) The case of the Revenue is that the Spent Acid is an exempted goods, therefore, they are liable to pay an amount of equivalent 6% of the value of such Spent Acid in terms of Rule 6(3) of the CENVAT Credit Rules, 2004. The facts of the case are not in dispute that the appellant is a manufacturer of Sulphonic Acid and during the course of the manufacturing of Sulphonic Acid, Spent Acid emerges. As the Spent Acid is not an exempted good, therefore, the provisions of Rule 6(3) of CENVAT Credit Rules, 2004 ar...