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2013 (1) TMI 472 - CESTAT NEW DELHICenvat credit of excise duty paid on inputs - bagasse and press mud emerging during crushing of sugar cane and purification of cane juice – alleged non maintenance of separate account and inventory of the inputs used in or in relation to manufacture of dutiable final products - amount equal to 5%/10% of the sale value of bagasse/press mud would be payable in terms of the provisions of Rule 6 (3) (b) of the Cenvat Credit Rules, 2004 – Held that:- Issue stands decided in favour of the appellants not only by the judgment of Balrampur Chini Mills Ltd. vs. Union of India [2003 (5) TMI 74 - HIGH COURT OF JUDICATURE AT ALLAHABAD] but also in case of Indian Potash Ltd. vs. CCE, Allahabad [2012 (12) TMI 347 - CESTAT, NEW DELHI] that Bagasse emerges in course of crushing of the sugarcane, a necessary to extract cane sugar juice which in turn is processed for production of sugar and molasses. Bagasse is the waste product left after the crushing of sugarcane - no need to maintained separate accounts for the inputs for production of sugar and molasses (excisable item) and bagasse – in favor of assessee
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