https://www.taxtmi.com/caselaws?id=263627 The Tribunal ruled in favor of the appellant in a case concerning demand confirmation, interest imposition, penalty imposition, and the applicability of Rule 6(3) of the Cenvat Credit Rules, 2004. The demand confirmation of 10%/5% of the value of electricity generated and supplied was deemed unsustainable as the electricity was produced using non-excisable inputs. Consequently, the interest imposition was invalidated, and the penalty imposition was impacted due to the set-aside of the demand confirmation. The Tribunal upheld that electricity generated from bagasse did not qualify as excisable goods, leading to relief for the appellant. en-us Thu, 08 Jan 2015 00:00:00 +0530 Mon, 07 Sep 2015 07:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263627 The Tribunal ruled in favor of the appellant in a case concerning demand confirmation, interest imposition, penalty imposition, and the applicability of Rule 6(3) of the Cenvat Credit Rules, 2004. The demand confirmation of 10%/5% of the value of electricity generated and supplied was deemed unsustainable as the electricity was produced using non-excisable inputs. Consequently, the interest imposition was invalidated, and the penalty imposition was impacted due to the set-aside of the demand confirmation. The Tribunal upheld that electricity generated from bagasse did not qualify as excisable goods, leading to relief for the appellant. Case-Laws Central Excise Thu, 08 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263627