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2024 (1) TMI 631 - AT - Central ExciseUtilisation of CENVAT Credit - cenvat credit availed on molasses not admissible to be utilized for payment of central excise duty on sugar - denial on the ground that molasses were not input for manufacture of sugar - HELD THAT:- The very issue has been settled by Hon’ble Bombay High Court Bench at Aurangabad in COMMISSIONER OF CENTRAL EXCISE AURANGABAD VERSUS M/S TERNA SSK LTD [2017 (9) TMI 2020 - BOMBAY HIGH COURT] where it was held that The substantial question of law framed on 18th February, 2015 is accordingly answered in the negative, in favour of the assessee and against the revenue. By following the ruling of Hon’ble Bombay High Court, it is held that the impugned order-in-appeal is not sustainable. Appeal allowed.
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