https://www.taxtmi.com/caselaws?id=353033 CESTAT Delhi held that the appellant was clearing bitumen emulsion, not removing bitumen input as such, so the Cenvat credit reversal, duty, interest and penalty could not be sustained. The Tribunal accepted the commercial and manufacturing explanation that bitumen emulsion is a diluted end-product sold at a lower price, and relied on the rate contract and pricing structure to reject the show cause notice's assumption that the input itself had been sold. On those facts, the allegation of removal of inputs as such failed and the consequential demand and penalties were set aside. 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 CESTAT Delhi held that the appellant was clearing bitumen emulsion, not removing bitumen input as such, so the Cenvat credit reversal, duty, interest and penalty could not be sustained. The Tribunal accepted the commercial and manufacturing explanation that bitumen emulsion is a diluted end-product sold at a lower price, and relied on the rate contract and pricing structure to reject the show cause notice's assumption that the input itself had been sold. On those facts, the allegation of removal of inputs as such failed and the consequential demand and penalties were set aside. Case-Laws Central Excise Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353033