https://www.taxtmi.com/caselaws?id=246559 The Tribunal ruled in favor of the appellant, holding that the amendment in the Finance Act and Board Circular did not change the requirement to maintain separate accounts for dutiable and exempted final products. Due to the impracticality of segregating inputs for sugar, molasses, and bagasse production, the demand for payment equal to 8% of the sale value of bagasse was deemed invalid. The Tribunal set aside the impugned order, allowing the appeal and stay application. en-us Thu, 16 Aug 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:31:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246559 The Tribunal ruled in favor of the appellant, holding that the amendment in the Finance Act and Board Circular did not change the requirement to maintain separate accounts for dutiable and exempted final products. Due to the impracticality of segregating inputs for sugar, molasses, and bagasse production, the demand for payment equal to 8% of the sale value of bagasse was deemed invalid. The Tribunal set aside the impugned order, allowing the appeal and stay application. Case-Laws Central Excise Thu, 16 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246559