https://www.taxtmi.com/caselaws?id=166441 The Tribunal set aside the demand for payment equal to 8% of the sale value of bagasse under Rule 6(3) of the Cenvat Credit Rules, 2004. Relying on a precedent upheld by the Supreme Court, the Tribunal determined that the appellant could not maintain separate accounts for inputs used in producing sugar, molasses, and bagasse. The Tribunal found that the amendment in the Finance Act and a Board Circular did not change the situation, ultimately ruling in favor of the appellant and setting aside the department's order. en-us Fri, 08 Jun 2012 00:00:00 +0530 Thu, 25 Sep 2014 08:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166441 The Tribunal set aside the demand for payment equal to 8% of the sale value of bagasse under Rule 6(3) of the Cenvat Credit Rules, 2004. Relying on a precedent upheld by the Supreme Court, the Tribunal determined that the appellant could not maintain separate accounts for inputs used in producing sugar, molasses, and bagasse. The Tribunal found that the amendment in the Finance Act and a Board Circular did not change the situation, ultimately ruling in favor of the appellant and setting aside the department's order. Case-Laws Central Excise Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166441