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Final product subsequent exempt

This query is : Resolved 
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(Querist)
31 July 2011 sir ,.. iwant to ask when at the time of receipt of input final product was taxable but subsequently on date of manufacture it was exempted by notification then whether we have to reverse credit availed on all three elements i.e inputs ,inputservice and capital goods ?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
01 August 2011 Yes you have to reverse
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