https://www.taxtmi.com/caselaws?id=198844 The Tribunal held that the soap stock produced during the manufacture of 'Vanaspati' by an oil plant qualifies as marketable goods eligible for exemption under Notification No. 115/75-C.E., dated 30-4-1975. Citing legal precedents, the Tribunal emphasized that the soap stock met the criteria of manufacture and marketability, distinguishing it from past decisions and upholding the eligibility of such by-products for exemption benefits. The appeal was allowed in favor of the appellant, affirming the legitimacy of the soap stock as a by-product of the 'Vanaspati' manufacturing process by the oil mill industry. en-us Tue, 20 Dec 2016 00:00:00 +0530 Sat, 10 Feb 2018 07:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198844 The Tribunal held that the soap stock produced during the manufacture of 'Vanaspati' by an oil plant qualifies as marketable goods eligible for exemption under Notification No. 115/75-C.E., dated 30-4-1975. Citing legal precedents, the Tribunal emphasized that the soap stock met the criteria of manufacture and marketability, distinguishing it from past decisions and upholding the eligibility of such by-products for exemption benefits. The appeal was allowed in favor of the appellant, affirming the legitimacy of the soap stock as a by-product of the 'Vanaspati' manufacturing process by the oil mill industry. Case-Laws Central Excise Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198844