https://www.taxtmi.com/caselaws?id=119152 Rule 6(3) of the Cenvat Credit Rules, 2002 was considered inapplicable to non-granulated slag arising as a by-product in the course of steel manufacture, because the provision operates only where exempted final products exist. Cenvat credit could not be denied merely because inputs were contained in waste, refuse, or by-products generated during manufacture, and the Board's clarification supported that position. The view that non-granulated slag was not excisable further reinforced the assessee's case. On that basis, the demand raised under Rule 6(3), together with the related penalty and interest, was not sustainable. en-us Thu, 08 Jun 2006 00:00:00 +0530 Mon, 09 Jul 2012 13:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119152 Rule 6(3) of the Cenvat Credit Rules, 2002 was considered inapplicable to non-granulated slag arising as a by-product in the course of steel manufacture, because the provision operates only where exempted final products exist. Cenvat credit could not be denied merely because inputs were contained in waste, refuse, or by-products generated during manufacture, and the Board's clarification supported that position. The view that non-granulated slag was not excisable further reinforced the assessee's case. On that basis, the demand raised under Rule 6(3), together with the related penalty and interest, was not sustainable. Case-Laws Central Excise Thu, 08 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119152