https://www.taxtmi.com/caselaws?id=464855 CESTAT, Bangalore (AT) allowed the appeal and set aside the impugned order, holding that the department's demand of 6% of the value of electricity sold-generated from the by-product bagasse under rule 6(3)(i) of the CENVAT Credit Rules-cannot be sustained. The Tribunal followed the Supreme Court precedent and the Board's circular in reaching this conclusion, thereby dismissing the revenue's demand and restoring the appellant's position. en-us Mon, 18 Mar 2024 00:00:00 +0530 Tue, 18 Nov 2025 12:04:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464855 CESTAT, Bangalore (AT) allowed the appeal and set aside the impugned order, holding that the department's demand of 6% of the value of electricity sold-generated from the by-product bagasse under rule 6(3)(i) of the CENVAT Credit Rules-cannot be sustained. The Tribunal followed the Supreme Court precedent and the Board's circular in reaching this conclusion, thereby dismissing the revenue's demand and restoring the appellant's position. Case-Laws Central Excise Mon, 18 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464855