https://www.taxtmi.com/caselaws?id=434213 The appeal centered on the classification of bagasse and press-mud as excisable products and the application of CENVAT Credit Rules. The Court determined that bagasse, as an agricultural waste, does not qualify as a manufactured product subject to excise duty. Consequently, CENVAT credit on inputs used for sugar production, including bagasse, was deemed inadmissible. The ruling clarified that no duty is payable on bagasse, and the appellant was absolved from the penalty imposed under Rule 15(2) of CENVAT Credit Rules. en-us Fri, 03 Feb 2023 00:00:00 +0530 Mon, 20 Feb 2023 08:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434213 The appeal centered on the classification of bagasse and press-mud as excisable products and the application of CENVAT Credit Rules. The Court determined that bagasse, as an agricultural waste, does not qualify as a manufactured product subject to excise duty. Consequently, CENVAT credit on inputs used for sugar production, including bagasse, was deemed inadmissible. The ruling clarified that no duty is payable on bagasse, and the appellant was absolved from the penalty imposed under Rule 15(2) of CENVAT Credit Rules. Case-Laws Central Excise Fri, 03 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434213