https://www.taxtmi.com/caselaws?id=753167 CESTAT Allahabad dismissed revenue's appeal regarding CENVAT credit recovery on bagasse and press mud clearances. The tribunal held that bagasse and press mud, being agricultural waste, cannot be considered manufactured goods, making Rule 6 of CENVAT Credit Rules, 2004 inapplicable. Following SC judgment in Union of India vs. DSCL Sugar Ltd., the tribunal found revenue's position erroneous. CBEC Circular No. 1027/15/2016-CX was deemed irrelevant as it was quashed by jurisdictional HC, forming the backbone of revenue's unsuccessful appeal. en-us Mon, 11 Dec 2023 00:00:00 +0530 Tue, 28 May 2024 07:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753167 CESTAT Allahabad dismissed revenue's appeal regarding CENVAT credit recovery on bagasse and press mud clearances. The tribunal held that bagasse and press mud, being agricultural waste, cannot be considered manufactured goods, making Rule 6 of CENVAT Credit Rules, 2004 inapplicable. Following SC judgment in Union of India vs. DSCL Sugar Ltd., the tribunal found revenue's position erroneous. CBEC Circular No. 1027/15/2016-CX was deemed irrelevant as it was quashed by jurisdictional HC, forming the backbone of revenue's unsuccessful appeal. Case-Laws Central Excise Mon, 11 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753167