Excise duty not payable on fatty acid / soap stock generated as bye-product during manufacture of refined palm oil

M/s. Sri Devi Oil Pvt. Ltd. Vs CCE (CESTAT Chennai) Brief facts are that the appellants are manufacturers of ‘Refined Palm Oil’ and are registered with the Central Excise Department. Show cause notice was issued alleging that they have cleared fatty acid or soap stock without payment of duty. After due process of law, the original authority confirmed the demand along with interest and also imposed penalty. Aggrieved, the appellants are now before the Tribunal. 2. The ld. counsel Ms. K. Nancy appearing for the appellant submitted that the issue for consideration is whether the appellants ar...