https://www.taxtmi.com/caselaws?id=241475 The Tribunal, comprising Shri Pradip Kumar Das and Shri Mathew John, granted a waiver of pre-deposit and stayed the recovery of dues pending the appeal. They found the appellant's approach of maintaining separate accounts and taking credit on inputs used in dutiable products reasonable and compliant with the CENVAT Credit Rules, 2004. Despite previous decisions supporting the appellant's position, the adjudicating authorities had not followed suit. The Tribunal acknowledged the appellant's correct procedure for availing CENVAT credit on molasses used in the production of de-natured spirit for further manufacturing of dutiable products. en-us Mon, 29 Apr 2013 00:00:00 +0530 Wed, 25 Dec 2013 06:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241475 The Tribunal, comprising Shri Pradip Kumar Das and Shri Mathew John, granted a waiver of pre-deposit and stayed the recovery of dues pending the appeal. They found the appellant's approach of maintaining separate accounts and taking credit on inputs used in dutiable products reasonable and compliant with the CENVAT Credit Rules, 2004. Despite previous decisions supporting the appellant's position, the adjudicating authorities had not followed suit. The Tribunal acknowledged the appellant's correct procedure for availing CENVAT credit on molasses used in the production of de-natured spirit for further manufacturing of dutiable products. Case-Laws Central Excise Mon, 29 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241475