https://www.taxtmi.com/caselaws?id=364534 The Tribunal held that Bagasse and Press Mud, as agricultural waste, are not marketable goods subject to duty under the Central Excise Act, 1944. It rejected the Revenue's claim that Bagasse should be cleared by reversing a percentage of its value under Cenvat Credit Rules, 2004. Relying on legal interpretations and precedents, the Tribunal set aside the demand raised by the Revenue, emphasizing that Bagasse's nature as agricultural waste exempts it from being considered dutiable goods. The decision prioritized judicial interpretations over circulars, aligning with previous court decisions and the Supreme Court's position on the matter. en-us Mon, 14 May 2018 00:00:00 +0530 Wed, 01 Aug 2018 06:47:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364534 The Tribunal held that Bagasse and Press Mud, as agricultural waste, are not marketable goods subject to duty under the Central Excise Act, 1944. It rejected the Revenue's claim that Bagasse should be cleared by reversing a percentage of its value under Cenvat Credit Rules, 2004. Relying on legal interpretations and precedents, the Tribunal set aside the demand raised by the Revenue, emphasizing that Bagasse's nature as agricultural waste exempts it from being considered dutiable goods. The decision prioritized judicial interpretations over circulars, aligning with previous court decisions and the Supreme Court's position on the matter. Case-Laws Central Excise Mon, 14 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364534