https://www.taxtmi.com/caselaws?id=212576 Soap stock, fatty acids, waxes and gums arising from refining exempted vegetable oil and vanaspati were held not to qualify as "waste, parings and scrap" because they were marketable by-products with distinct value and uses, not goods shown to be of no or negligible value. The exemption under Notification No. 89/95-C.E. was therefore unavailable. The refining process was treated as manufacture by the relevant chapter note, and that legal fiction extended to the resulting by-products. On that basis, waxes and gums were classifiable under Heading 1522 and fatty acids under Heading 3823, while the claim that they were merely fractions of vegetable oil under Heading 1516 was rejected. en-us Mon, 25 Jul 2011 00:00:00 +0530 Mon, 16 Apr 2012 07:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212576 Soap stock, fatty acids, waxes and gums arising from refining exempted vegetable oil and vanaspati were held not to qualify as "waste, parings and scrap" because they were marketable by-products with distinct value and uses, not goods shown to be of no or negligible value. The exemption under Notification No. 89/95-C.E. was therefore unavailable. The refining process was treated as manufacture by the relevant chapter note, and that legal fiction extended to the resulting by-products. On that basis, waxes and gums were classifiable under Heading 1522 and fatty acids under Heading 3823, while the claim that they were merely fractions of vegetable oil under Heading 1516 was rejected. Case-Laws Central Excise Mon, 25 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212576