https://www.taxtmi.com/caselaws?id=444653 The Tribunal set aside the demand against the appellant, who was engaged in sugar and molasses manufacturing, regarding the payment of 6% of the value of bagasse/pressmud cleared. The Tribunal found that the demand was unsustainable due to the Explanation 1 to Rule 6 of the CENVAT Credit Rules, 2004, introduced in 2015, and recent legal decisions supporting the appellant's position. Consequently, the appeal was allowed, and the appellant was granted consequential reliefs. en-us Wed, 18 Oct 2023 00:00:00 +0530 Thu, 19 Oct 2023 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444653 The Tribunal set aside the demand against the appellant, who was engaged in sugar and molasses manufacturing, regarding the payment of 6% of the value of bagasse/pressmud cleared. The Tribunal found that the demand was unsustainable due to the Explanation 1 to Rule 6 of the CENVAT Credit Rules, 2004, introduced in 2015, and recent legal decisions supporting the appellant's position. Consequently, the appeal was allowed, and the appellant was granted consequential reliefs. Case-Laws Central Excise Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444653