https://www.taxtmi.com/caselaws?id=390242 The Tribunal ruled in favor of the appellant, holding that bagasse/pressmud, as a waste/byproduct in sugar and molasses manufacturing, is outside the scope of Rule 6 of the CENVAT Credit Rules, 2004. Citing the judgment in Union of India Vs. DSCL Sugar Ltd., the Tribunal set aside the demand for recovery of over &8377;87 lakhs, allowing the appeal with consequential relief. The impact of Circular No. 1027/15/2016-CX, aligning with the Supreme Court's interpretation, further supported the appellant's position, leading to the favorable outcome. en-us Thu, 05 Dec 2019 00:00:00 +0530 Fri, 27 Dec 2019 06:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390242 The Tribunal ruled in favor of the appellant, holding that bagasse/pressmud, as a waste/byproduct in sugar and molasses manufacturing, is outside the scope of Rule 6 of the CENVAT Credit Rules, 2004. Citing the judgment in Union of India Vs. DSCL Sugar Ltd., the Tribunal set aside the demand for recovery of over &8377;87 lakhs, allowing the appeal with consequential relief. The impact of Circular No. 1027/15/2016-CX, aligning with the Supreme Court's interpretation, further supported the appellant's position, leading to the favorable outcome. Case-Laws Central Excise Thu, 05 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390242