https://www.taxtmi.com/caselaws?id=350991 The Revenue's appeal against the reversal of an amount equivalent to 10% or 5% for the value of goods - bagasse and pressmud cleared products was dismissed. The Tribunal held that the appellant was not liable to reverse the amount under Rule 6 of the CENVAT Credit Rules, 2004, as the goods were not excisable. The decision was based on the interpretation of relevant judgments and the CBEC Circular, affirming the legality of the impugned order and penalties imposed. en-us Fri, 15 Sep 2017 00:00:00 +0530 Fri, 17 Nov 2017 07:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350991 The Revenue's appeal against the reversal of an amount equivalent to 10% or 5% for the value of goods - bagasse and pressmud cleared products was dismissed. The Tribunal held that the appellant was not liable to reverse the amount under Rule 6 of the CENVAT Credit Rules, 2004, as the goods were not excisable. The decision was based on the interpretation of relevant judgments and the CBEC Circular, affirming the legality of the impugned order and penalties imposed. Case-Laws Central Excise Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350991