https://www.taxtmi.com/caselaws?id=440844 The Tribunal allowed the appeal, holding that rectified spirit is excisable but exempt under a notification. The appellant was deemed eligible for input credit on molasses used in production, with the denial of credit being overturned. The Tribunal found the invocation of the extended period and imposition of penalty unjustified, setting aside the impugned order. en-us Wed, 26 Jul 2023 00:00:00 +0530 Fri, 28 Jul 2023 09:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440844 The Tribunal allowed the appeal, holding that rectified spirit is excisable but exempt under a notification. The appellant was deemed eligible for input credit on molasses used in production, with the denial of credit being overturned. The Tribunal found the invocation of the extended period and imposition of penalty unjustified, setting aside the impugned order. Case-Laws Central Excise Wed, 26 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440844