https://www.taxtmi.com/caselaws?id=333046 Rule 6(3) of the Cenvat Credit Rules, 2004 was found inapplicable to demands relating to bagasse and electricity generated from bagasse because bagasse is agricultural waste and residue and does not amount to manufacture. The Tribunal noted that, once bagasse is not treated as excisable goods by deeming fiction, the foundation for reversal or recovery fails. It further held that the electricity demand rested solely on the rejected assumption that bagasse attracted excise duty, so the Rule 6 basis also collapsed. The appeals were therefore allowed in favour of the assessee. en-us Thu, 04 Aug 2016 00:00:00 +0530 Sun, 02 Oct 2016 23:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333046 Rule 6(3) of the Cenvat Credit Rules, 2004 was found inapplicable to demands relating to bagasse and electricity generated from bagasse because bagasse is agricultural waste and residue and does not amount to manufacture. The Tribunal noted that, once bagasse is not treated as excisable goods by deeming fiction, the foundation for reversal or recovery fails. It further held that the electricity demand rested solely on the rejected assumption that bagasse attracted excise duty, so the Rule 6 basis also collapsed. The appeals were therefore allowed in favour of the assessee. Case-Laws Central Excise Thu, 04 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333046