No Excise Duty Demandable on Reversal of Cenvat Credit Attributable to Zinc Sulphate Cleared: CESTAT Remand Matter for Adjudication [Read Order]

The Chandigarh bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT)has held that Excise Duty is not demandable when the Cenvat credit attributable to zinc sulphate cleared reversed and remanded the matter for adjudication. The appellants, M/s Bhoomi Sudhar Chemical Industries Limited, are manufacturers of zinc sulphate, a micro-nutrient fertilizer falling under CETH…