https://www.taxtmi.com/caselaws?id=357135 Products arising incidentally during crude vegetable oil refining, including gums, soap stock, wax, sludge and palm fatty acid distillate, were treated as waste generated in the course of removing unwanted materials from crude oil rather than as intended manufactured by-products. The Tribunal followed the Larger Bench view that their market value is not decisive and that such incidental materials do not become excisable goods merely because they are saleable. On that basis, they fell within the scope of Notification No. 89/1995-CE, and the excise duty demand was unsustainable. en-us Thu, 01 Feb 2018 00:00:00 +0530 Mon, 19 Mar 2018 07:24:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357135 Products arising incidentally during crude vegetable oil refining, including gums, soap stock, wax, sludge and palm fatty acid distillate, were treated as waste generated in the course of removing unwanted materials from crude oil rather than as intended manufactured by-products. The Tribunal followed the Larger Bench view that their market value is not decisive and that such incidental materials do not become excisable goods merely because they are saleable. On that basis, they fell within the scope of Notification No. 89/1995-CE, and the excise duty demand was unsustainable. Case-Laws Central Excise Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357135