CBEC rescinds Circulars pertaining to excisability of bagasse, aluminium / zinc dross and other by-products or wastes arising during course of manufacture of excisable product, in light of SC decision in case of DSCL Sugar Ltd and Bombay HC ruling in Hindalco Industries Ltd; Consequently, clarifies that bagasse, dross and skimmings of non-ferrous metals or any such by-product or waste, which are non-excisable goods and are cleared for consideration from factory shall be treated like exempted goods for purpose of reversal of CENVAT credit under Rule 6 

CBEC Circular No. 1027/15/2016-CX dated April 25, 2016
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