https://www.taxtmi.com/caselaws?id=152328 The Tribunal upheld the demand of duty, interest, and penalty on the sale of waste and scrap generated by a sugar and molasses manufacturer, rejecting arguments for exemption and challenging penalty imposition. Proper record-keeping and compliance with excise regulations were emphasized, with consequences outlined for suppressing information to evade duty obligations. The appellants were found liable for duty on scrap generated from machinery with Cenvat credit, reinforcing the importance of transparency in accounting for manufactured goods. en-us Thu, 26 Nov 2009 00:00:00 +0530 Sat, 29 Jun 2013 16:01:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152328 The Tribunal upheld the demand of duty, interest, and penalty on the sale of waste and scrap generated by a sugar and molasses manufacturer, rejecting arguments for exemption and challenging penalty imposition. Proper record-keeping and compliance with excise regulations were emphasized, with consequences outlined for suppressing information to evade duty obligations. The appellants were found liable for duty on scrap generated from machinery with Cenvat credit, reinforcing the importance of transparency in accounting for manufactured goods. Case-Laws Central Excise Thu, 26 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152328