Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Supreme Court dismisses Special Leave Petitions after delay condonation. No substance found.</h1> <h3>COMMISSIONER OF CENTRAL EXCISE ETC. ETC. Versus M/s ALBERT DAVID LTD ETC. ETC.</h3> The Supreme Court dismissed the Special Leave Petitions after condoning the delay, as no substance was found in the petitions. - COMMISSIONER OF CENTRAL ... CENVAT Credit - final product is exempted from payment of duty - The appellant availed exemption on clearance of waste and scrap under notification no.89/95-CE dated 18th of May, 1995 - SC dismissed the appeal against the decision of High Court [2013 (8) TMI 66 - ALLAHABAD HIGH COURT] wherein it was held that, CENVAT credit can be utilized for payment of duty on waste and scrap for the simple reason that waste and scrap are 'final products' within the definition under Rule 57 AA (c) - Appellant was entitled for CENVAT Credit under Rule 57AA of the Central Excise Rules on proportionate plastic granules which generated the scrap in the manufacturing process of intravenous fluids (IV Fluids) - Decided against the revenue. The Supreme Court dismissed the Special Leave Petitions after condoning the delay, as no substance was found in the petitions. [Citation: 2014 (4) TMI 508 - SC Order]