https://www.taxtmi.com/caselaws?id=73276 Flock Paper was held ineligible for exemption under Notification No. 68/76-C.E. because the earlier Tribunal view relied on by the assessee had been reversed by the Supreme Court in a decision concerning the same goods, the same notification, and the relevant period. Once the binding Supreme Court ruling was pointed out, the assessee accepted that the earlier Tribunal decision no longer supported its claim. The governing principle is that a later Supreme Court decision on the identical exemption issue overrides the contrary Tribunal view, and the exemption claim must fail. en-us Thu, 10 Sep 1987 00:00:00 +0530 Mon, 30 May 2011 17:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73276 Flock Paper was held ineligible for exemption under Notification No. 68/76-C.E. because the earlier Tribunal view relied on by the assessee had been reversed by the Supreme Court in a decision concerning the same goods, the same notification, and the relevant period. Once the binding Supreme Court ruling was pointed out, the assessee accepted that the earlier Tribunal decision no longer supported its claim. The governing principle is that a later Supreme Court decision on the identical exemption issue overrides the contrary Tribunal view, and the exemption claim must fail. Case-Laws Central Excise Thu, 10 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73276