https://www.taxtmi.com/caselaws?id=125029 The court ruled in favor of the appellant, holding that Rule 4(6) of the Cenvat Credit Rules, 2004 did not cover the clearance of wastes and scrap. As there was no specific provision for such clearance in the Rules, the penalty imposed by the lower appellate authority was deemed unjustified. The court referenced a previous Tribunal decision and established that wastes and scraps should not be treated as finished goods under Rule 4(6). Consequently, the penalty was set aside, and the appellant's appeal was allowed. en-us Tue, 06 Jan 2009 00:00:00 +0530 Thu, 18 Oct 2012 12:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125029 The court ruled in favor of the appellant, holding that Rule 4(6) of the Cenvat Credit Rules, 2004 did not cover the clearance of wastes and scrap. As there was no specific provision for such clearance in the Rules, the penalty imposed by the lower appellate authority was deemed unjustified. The court referenced a previous Tribunal decision and established that wastes and scraps should not be treated as finished goods under Rule 4(6). Consequently, the penalty was set aside, and the appellant's appeal was allowed. Case-Laws Central Excise Tue, 06 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125029