https://www.taxtmi.com/caselaws?id=33103 Bio-earth/bio-compost generated from spent wash and other waste materials was held not to attract the fixed-percentage liability under the Cenvat credit scheme where the duty credit relatable to molasses had already been reversed at the rectified spirit stage. The Tribunal treated the product as arising from residue or waste, so the common-input formula for exempted goods did not apply. On that basis, the demand under Rule 57CC and the corresponding Cenvat Credit Rules provisions was unsustainable, and the associated interest and penalty also could not survive. en-us Mon, 28 Jul 2008 00:00:00 +0530 Wed, 22 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33103 Bio-earth/bio-compost generated from spent wash and other waste materials was held not to attract the fixed-percentage liability under the Cenvat credit scheme where the duty credit relatable to molasses had already been reversed at the rectified spirit stage. The Tribunal treated the product as arising from residue or waste, so the common-input formula for exempted goods did not apply. On that basis, the demand under Rule 57CC and the corresponding Cenvat Credit Rules provisions was unsustainable, and the associated interest and penalty also could not survive. Case-Laws Central Excise Mon, 28 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33103