2014 (7) TMI 318

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....>Mr. M.V. Ravindran and Mr. H.K. Thakur, JJ. For the Appellant : Shri S.R. Dixit (Advocate) For the Respondent : Shri S.K.Mall (A.R) JUDGEMENT Per : Mr. M.V. Ravindran 1. This stay petition is filed for waiver of predeposit of an amount confirmed as 5% or 10% of the value of the exempted goods cleared by the appellant after utilizing the cenvat credit of duty paid on common inputs.&....

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....empted products, was liable to pay an amount equal to 5% or 10% of the exempted value. 4. We find that the appellant has been taking the plea before both the lower authorities that 'Bagasse' is a waste generated during the crushing of sugarcane and has been thought to be marketable, the same cannot be considered as a 'manufactured product' in order to attract the provisions of Rule 6 (3) of the....