Withdrawal of Circulars/Instruction on excisability of bagasse, aluminium/ zinc dross

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.... To Principal Chief Commissioner /Chief Commissioner of Central Excise (All), Principal Chief Commissioner /Chief Commissioner of Central Excise and Service Tax (All), Principal Commissioner of Central Excise, Service Tax (All), Web-master, CBEC Madam/sir, Subject:- Withdrawal of Circulars/Instruction on excisability of bagasse, aluminium/ zinc ....

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....2(d) of the Central Excise Act, 1944 by the Finance Act, 2008. It may also be noted that Hon'ble High Court of Bombay in case of M/s Hindalco Industries Ltd. vs.Union of India [2015(315)E.L.T.10 (Bom.)] came to similar conclusion in relation to dross and skimming of aluminium, zinc or other non-ferrous metal. 3. In the light of the above judgments, circulars of the Board on the subject viz 904/....

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....-excisable goods for the purposes of this rule, shall be the invoice value and where such invoice value is not available, such value shall be determined by using reasonable means consistent with the principles of valuation contained in the Excise Act and the rules made thereunder." 4.2 Consequently, Bagasse, Dross and Skimmings of non-ferrous metals or any such by product or waste, which are no....