https://www.taxtmi.com/caselaws?id=373010 The tribunal ruled in favor of the appellant, determining that Low Grade Bauxite is non-excisable and exempt from Rule 6 of the Cenvat Credit Rules. It was held that the demand for 10%/5% of the value of exempted goods was unsustainable, and penalties under Rule 15 and Section 11AC were not justified due to the appellant's compliance with substantive requirements. The case was remanded for verification of cenvat credit reversal and reconsideration of penalties. en-us Wed, 02 Jan 2019 00:00:00 +0530 Tue, 10 Dec 2019 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373010 The tribunal ruled in favor of the appellant, determining that Low Grade Bauxite is non-excisable and exempt from Rule 6 of the Cenvat Credit Rules. It was held that the demand for 10%/5% of the value of exempted goods was unsustainable, and penalties under Rule 15 and Section 11AC were not justified due to the appellant's compliance with substantive requirements. The case was remanded for verification of cenvat credit reversal and reconsideration of penalties. Case-Laws Central Excise Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373010