Cenvat credit not to be reversed on waste or by-product generation during manufacturing

M/s Shri Vitthalsai S.S.K. Ltd. Vs Commissioner of GST & Central Excise (CESTAT Mumbai) Duty has been demanded from them under the provisions of Rule 6 of the CENVAT Credit Rules, 2004 on the ground that they have not paid the specified amount of sale value of Bagasse under Rule 6(3)(i) of CENVAT Credit Rules, 2004. He further submitted that Bagasse is nothing but waste of the finished goods i.e. Sugar and Molasses and therefore no amount is required to be paid to the department. He cited a numbers of decisions of the Hon’ble Supreme Court as well as of the Hon’ble High Court ...