Eligibility of CENVAT Credit for Duty on Molasses in Rectified Spirit Production

EID Parry (India) Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai) CESTAT Chennai held that input credit of duty paid on molasses used in production of rectified spirit being a final product is eligible as CENVAT Credit. Facts- The appellant is engaged in the manufacture of Denatured Ethyl Alcohol falling under Chapter Heading 2207 20 00 of the Central Excise Tariff Act, 1985 and Rectified Spirit, Extra Natural Alcohol, Anhydrous Alcohol, Impure Spirit, etc. using molasses procured from their sister units in Pudukottai, Nellikuppam and Pugalur. The appellant availed cenvat cre...