https://www.taxtmi.com/caselaws?id=250962 The Tribunal set aside the duty demand, interest, and penalty imposed on M/s. Sahakar Shiromani Vasantrao Kale Sahakari Sakhar Karkhana Ltd. for not maintaining separate records for the consumption of inputs/input services. Relying on a recent apex court judgment, the Tribunal ruled that Rule 6(3) of the CENVAT Credit Rules 2004 does not apply to by-products like bagasse arising during manufacturing, exempting the appellant from payment for such by-products. The appeal was allowed, emphasizing the legal position clarified by the apex court, resulting in a favorable outcome for the appellant. en-us Thu, 08 May 2014 00:00:00 +0530 Sat, 30 Aug 2014 15:22:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250962 The Tribunal set aside the duty demand, interest, and penalty imposed on M/s. Sahakar Shiromani Vasantrao Kale Sahakari Sakhar Karkhana Ltd. for not maintaining separate records for the consumption of inputs/input services. Relying on a recent apex court judgment, the Tribunal ruled that Rule 6(3) of the CENVAT Credit Rules 2004 does not apply to by-products like bagasse arising during manufacturing, exempting the appellant from payment for such by-products. The appeal was allowed, emphasizing the legal position clarified by the apex court, resulting in a favorable outcome for the appellant. Case-Laws Central Excise Thu, 08 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250962