https://www.taxtmi.com/caselaws?id=196553 The Tribunal allowed the appeal, setting aside the demand for reversal of credit of duty on molasses used in the manufacture of Rectified Spirit. It held that the appellant's method of proportionate reversal was appropriate, penalties were imposed mechanically, and discrepancies in stock did not justify confiscation or duty demand. The appellant was granted consequential benefits as per the rules. en-us Thu, 16 Feb 2017 00:00:00 +0530 Wed, 06 Dec 2017 22:06:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196553 The Tribunal allowed the appeal, setting aside the demand for reversal of credit of duty on molasses used in the manufacture of Rectified Spirit. It held that the appellant's method of proportionate reversal was appropriate, penalties were imposed mechanically, and discrepancies in stock did not justify confiscation or duty demand. The appellant was granted consequential benefits as per the rules. Case-Laws Central Excise Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196553