https://www.taxtmi.com/caselaws?id=311765 The HC ruled in favor of the assessee, determining that the credit earned on molasses can be utilized for the payment of duty on sugar. The court aligned with a similar decision by the Madras HC, concluding that molasses, as a by-product of sugar manufacturing, qualifies as an input for sugar production. Consequently, the First Appeal was disposed of in favor of the assessee, with no order as to costs. en-us Thu, 28 Sep 2017 00:00:00 +0530 Fri, 12 Jan 2024 08:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311765 The HC ruled in favor of the assessee, determining that the credit earned on molasses can be utilized for the payment of duty on sugar. The court aligned with a similar decision by the Madras HC, concluding that molasses, as a by-product of sugar manufacturing, qualifies as an input for sugar production. Consequently, the First Appeal was disposed of in favor of the assessee, with no order as to costs. Case-Laws Central Excise Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311765