https://www.taxtmi.com/caselaws?id=273415 The Tribunal, following the precedent set by the Hon'ble Apex Court in DSCL Sugar Ltd., held that bagasse, as waste emerging during sugar and molasses manufacturing, does not qualify as a manufactured good. Therefore, Rule 6 of Cenvat Credit Rules 2004 did not mandate the reversal of cenvat credit or payment of a percentage of the value of bagasse. Consequently, the Revenue's appeal against the dropped demand was dismissed, affirming that the respondent was not obligated to pay the stipulated percentage of the value of bagasse. en-us Tue, 24 Oct 2017 00:00:00 +0530 Sun, 24 Jun 2018 21:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273415 The Tribunal, following the precedent set by the Hon'ble Apex Court in DSCL Sugar Ltd., held that bagasse, as waste emerging during sugar and molasses manufacturing, does not qualify as a manufactured good. Therefore, Rule 6 of Cenvat Credit Rules 2004 did not mandate the reversal of cenvat credit or payment of a percentage of the value of bagasse. Consequently, the Revenue's appeal against the dropped demand was dismissed, affirming that the respondent was not obligated to pay the stipulated percentage of the value of bagasse. Case-Laws Central Excise Tue, 24 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273415