2014 (1) TMI 1157

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....chana Wadhwa : The appellants are engaged in the manufacture of sugar and molasses as a by-product. The said molasses are further used by the appellant in the manufacture of rectified spirit, which in turn is used in the manufacture of denatured spirit. The denatured spirit is being cleared by the appellant on payment of duty. 2. The appellants are also buying molasses from outside parties o....

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....the said rectified spirit stands cleared by the appellant to outside parties payment of 5% of the value of the rectified spirit in terms of the provisions of Rule 6. Further, in use of captive consumption, the Cenvat credit of duty paid on molasses cannot be denied inasmuch as the appellants final product i.e. denatured spirit is an excisable item. 4. After hearing both the sides, we find that ....