https://www.taxtmi.com/caselaws?id=366288 The Tribunal ruled in favor of the appellant in a case concerning the interpretation of excise duty on intermixed petroleum products. It held that duty should be based on the actual goods cleared from the factory, rejecting the application of a circular suggesting a different calculation method. The Tribunal also concluded that the intermixing of products did not amount to manufacture as alleged, and found the penalties imposed to be unsustainable. As a result, the duty demand, interest, and penalties were set aside, emphasizing adherence to statutory provisions over circular directives. en-us Fri, 31 Aug 2018 00:00:00 +0530 Sat, 01 Sep 2018 06:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366288 The Tribunal ruled in favor of the appellant in a case concerning the interpretation of excise duty on intermixed petroleum products. It held that duty should be based on the actual goods cleared from the factory, rejecting the application of a circular suggesting a different calculation method. The Tribunal also concluded that the intermixing of products did not amount to manufacture as alleged, and found the penalties imposed to be unsustainable. As a result, the duty demand, interest, and penalties were set aside, emphasizing adherence to statutory provisions over circular directives. Case-Laws Central Excise Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366288