https://www.taxtmi.com/caselaws?id=350770 The Tribunal allowed the appeal, setting aside the Commissioner's order demanding duty, interest, and penalty on the grounds that rectified spirit constituted ethyl alcohol falling under the relevant tariff item. The Tribunal held that ethyl alcohol and rectified spirit were the same product, allowing CENVAT credit on molasses used in manufacturing excisable goods. This decision aligned with previous Tribunal judgments and Supreme Court observations, emphasizing the interchangeability of terms and the admissibility of CENVAT credit based on the enrichment of the transaction price. en-us Wed, 13 Sep 2017 00:00:00 +0530 Sat, 11 Nov 2017 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350770 The Tribunal allowed the appeal, setting aside the Commissioner's order demanding duty, interest, and penalty on the grounds that rectified spirit constituted ethyl alcohol falling under the relevant tariff item. The Tribunal held that ethyl alcohol and rectified spirit were the same product, allowing CENVAT credit on molasses used in manufacturing excisable goods. This decision aligned with previous Tribunal judgments and Supreme Court observations, emphasizing the interchangeability of terms and the admissibility of CENVAT credit based on the enrichment of the transaction price. Case-Laws Central Excise Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350770