https://www.taxtmi.com/caselaws?id=353984 The Appellate Tribunal CESTAT Mumbai ruled that yeast products marked for industrial use only and specially made for the bakery industry should be assessed under Section 4, not Section 4A, of the Central Excise Act. The decision emphasized the exemption from MRP affixing based on previous rulings by the Government of Maharashtra and upheld by the High Court. The Tribunal considered legal requirements, limitations on penalty imposition, and relied on judicial precedents and circulars to support its decision, ultimately allowing the appeal in favor of the appellant. en-us Thu, 11 Jan 2018 00:00:00 +0530 Fri, 23 Feb 2018 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353984 The Appellate Tribunal CESTAT Mumbai ruled that yeast products marked for industrial use only and specially made for the bakery industry should be assessed under Section 4, not Section 4A, of the Central Excise Act. The decision emphasized the exemption from MRP affixing based on previous rulings by the Government of Maharashtra and upheld by the High Court. The Tribunal considered legal requirements, limitations on penalty imposition, and relied on judicial precedents and circulars to support its decision, ultimately allowing the appeal in favor of the appellant. Case-Laws Wealth-tax Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353984