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of <h1>Loan licensee can avail exemption under Notification No. 1/93 without own manufacturing unit.</h1> The Appellate Tribunal CEGAT, Mumbai ruled in favor of M/s. White-Way Products, Vadodara, stating that a loan licensee can avail exemption under ... Demand - SSI Exemption, loan licensee The Appellate Tribunal CEGAT, Mumbai ruled in favor of M/s. White-Way Products, Vadodara, a pharmaceutical manufacturer, stating that a loan licensee can avail exemption under Notification No. 1/93 without having their own manufacturing unit. The Tribunal agreed with the appellant's argument that the demand of Rs. 52,000 against them was not maintainable. The appeal was allowed, providing consequential relief to the appellant.
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