https://www.taxtmi.com/caselaws?id=353033 The Tribunal allowed the appeal, stating that the appellant was removing Bitumen emulsion, not Bitumen as such. The appellant's argument regarding the selling price of Bitumen emulsion being lower than the purchase price of Bitumen was found valid, supported by the manufacturing process and financial statements provided. The Tribunal rejected the adjudicating authority's disallowance of cenvat credit and penalties, accepting the appellant's contentions and ruling in their favor. en-us Thu, 30 Nov 2017 00:00:00 +0530 Wed, 27 Dec 2017 08:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353033 The Tribunal allowed the appeal, stating that the appellant was removing Bitumen emulsion, not Bitumen as such. The appellant's argument regarding the selling price of Bitumen emulsion being lower than the purchase price of Bitumen was found valid, supported by the manufacturing process and financial statements provided. The Tribunal rejected the adjudicating authority's disallowance of cenvat credit and penalties, accepting the appellant's contentions and ruling in their favor. Case-Laws Central Excise Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353033