https://www.taxtmi.com/caselaws?id=763869 CESTAT Bangalore held that the appellant, having exceeded the Rs. 400 lakh turnover threshold, was ineligible for SSI exemption under N/N. 8/2003. However, the tribunal affirmed appellant's eligibility for exemption under N/N. 89/95-CE for by-products including acid oil, fatty acid, waxes and gums generated during refined oil manufacture. Following precedents from Ricela Health Foods, Vinayak Agrotech, and Arihant Solvex cases, these by-products were classified as waste incidental to manufacturing exempt goods, qualifying for the exemption benefit. en-us Fri, 26 Jul 2024 00:00:00 +0530 Mon, 30 Dec 2024 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763869 CESTAT Bangalore held that the appellant, having exceeded the Rs. 400 lakh turnover threshold, was ineligible for SSI exemption under N/N. 8/2003. However, the tribunal affirmed appellant's eligibility for exemption under N/N. 89/95-CE for by-products including acid oil, fatty acid, waxes and gums generated during refined oil manufacture. Following precedents from Ricela Health Foods, Vinayak Agrotech, and Arihant Solvex cases, these by-products were classified as waste incidental to manufacturing exempt goods, qualifying for the exemption benefit. Case-Laws Central Excise Fri, 26 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763869