No AED on Pre-Budget Stock Cleared After Levy Date; Excise Duty Arises on Manufacture, Not Removal: CESTAT Ahmedabad

Pepsico India Holding Pvt. Ltd. Vs Commissioner of CGST & Central Excise (CESTAT Ahmedabad) The CESTAT Ahmedabad allowed the appeal filed against the order dated 27.12.2017 passed by the Commissioner (Appeals), GST & Central Excise, Vadodara, which had confirmed a demand of Additional Excise Duty (AED) amounting to Rs. 4,94,549/- along with interest and penalty. The appellant company was engaged in the manufacture of aerated water, soda, packaged drinking water, and fruit juice-based drinks falling under Chapter 22 of the Central Excise Tariff Act, 1985. The dispute arose after the Uni...