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2014 (1) TMI 1384 - HC - Central ExciseWaiver of pre deposit - Availment of CENVAT Credit - Appellant was directed to predeposit an amount of Rs.1crore out of the balance amount of cenvat credit still payable - Held that:- The case of the revenue is that prior to restructuring of the tariff, Ethyl Alcohol was an excisable goods as it found mention in the tariff but not after restructuring of the tariff - Tribunal has followed its earlier decision in the matter of Ugar Sugar Works Ltd. vs. Commissioner of Central Excise, Belgaum [2007 (11) TMI 522 - CESTAT, BANGALORE] while dealing with the issue of Ethyl Alcohol manufactured using molasses as an input during the period from 1 July 2005 to 31 March 2006 - Therefore, impugned order is set aside and direct the Tribunal to decide the stay application afresh - Decided in favour of assessee.
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