2010 (1) TMI 1167 - SCH - Central Excise

Exemption- Notification No. 89/95-C.E.- The respondents are manufacturers of edible vegetable refined oil and vanaspathi falling under sub-heading Nos. 1508/1510/1512/1516 etc., of the Central Excise Tariff, the respondents procure crude vegetable oil from various sources and convert/process the same into refined vegetable edible oils and vanaspathi - the decision in the case of COMMISSIONER OF C. EX., HYDERABAD Versus PRIYANKA REFINERIES LTD. 2009 (5) TMI 419 - CESTAT, BANGALORE contested, where it was held that the soap stock which arises/emerges during the refining of vegetable oil is a waste for the respondents, though the Revenue may call it as a by-product. Accordingly, on merits as well as on the law, the Revenue (Appeals) is devoid of merits - Held that - the decision in the case of COMMISSIONER OF C. EX., HYDERABAD Versus PRIYANKA REFINERIES LTD. upheld - appeal dismissed - decided against Revenue.