https://www.taxtmi.com/caselaws?id=358644 The Tribunal ruled in favor of the appellant on both issues. Fly ash generated during the manufacturing of sponge iron was deemed not subject to tax liability, following legal precedents. Additionally, the appellant was allowed to avail credit on rejected finished goods returned by suppliers, contrary to the Revenue's contention. The Tribunal emphasized the significance of adhering to legal precedents and correctly applying relevant rules in determining tax liabilities and credit availment in excise cases. en-us Wed, 14 Mar 2018 00:00:00 +0530 Tue, 17 Apr 2018 06:18:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358644 The Tribunal ruled in favor of the appellant on both issues. Fly ash generated during the manufacturing of sponge iron was deemed not subject to tax liability, following legal precedents. Additionally, the appellant was allowed to avail credit on rejected finished goods returned by suppliers, contrary to the Revenue's contention. The Tribunal emphasized the significance of adhering to legal precedents and correctly applying relevant rules in determining tax liabilities and credit availment in excise cases. Case-Laws Central Excise Wed, 14 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358644