https://www.taxtmi.com/caselaws?id=339849 Cenvat credit on molasses, inputs, capital goods and input services used in a distillery for producing rectified spirit was held admissible. The Tribunal treated rectified spirit as ethyl alcohol for tariff purposes, noting that it is not a separate commodity and falls within tariff item 22072000. It rejected the premise that rectified spirit had no place in the tariff after 01.03.2005 and held that the credit chain was not broken merely because rectified spirit emerged in the manufacturing process. The credit denial was therefore unsustainable, and the assessee's appeal was allowed with consequential relief. en-us Thu, 18 Aug 2016 00:00:00 +0530 Wed, 08 Mar 2017 07:46:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339849 Cenvat credit on molasses, inputs, capital goods and input services used in a distillery for producing rectified spirit was held admissible. The Tribunal treated rectified spirit as ethyl alcohol for tariff purposes, noting that it is not a separate commodity and falls within tariff item 22072000. It rejected the premise that rectified spirit had no place in the tariff after 01.03.2005 and held that the credit chain was not broken merely because rectified spirit emerged in the manufacturing process. The credit denial was therefore unsustainable, and the assessee's appeal was allowed with consequential relief. Case-Laws Central Excise Thu, 18 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339849