https://www.taxtmi.com/caselaws?id=360036 The Tribunal held that un-denatured ethanol is classifiable under Chapter 22, exempt from duty, setting aside demands and penalties. The issue of liability to pay central excise duty on molasses was found to be revenue neutral, with the duty paid on ethanol exceeding the demand on molasses. The invocation of the extended period for raising demands was deemed unwarranted due to misinterpretation, leading to the setting aside of penalties. Consequently, the demands, penalties, and interest confirmed against the appellant were set aside, with all appeals disposed of in favor of the appellant based on their bona fide belief and previous orders. en-us Thu, 01 Feb 2018 00:00:00 +0530 Wed, 09 May 2018 06:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360036 The Tribunal held that un-denatured ethanol is classifiable under Chapter 22, exempt from duty, setting aside demands and penalties. The issue of liability to pay central excise duty on molasses was found to be revenue neutral, with the duty paid on ethanol exceeding the demand on molasses. The invocation of the extended period for raising demands was deemed unwarranted due to misinterpretation, leading to the setting aside of penalties. Consequently, the demands, penalties, and interest confirmed against the appellant were set aside, with all appeals disposed of in favor of the appellant based on their bona fide belief and previous orders. Case-Laws Central Excise Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360036