https://www.taxtmi.com/caselaws?id=81468 Duty-paid stators and rotors used captively in electric fan manufacture were treated as eligible for proforma credit where the intermediate goods had already borne duty and the scheme of notifications allowed an assessee to choose between exemption and set-off. Credit could not be denied merely because another notification also exempted the intermediate goods when consumed within the factory. On that footing, the extended-period demand and penalties lacked support because the alleged contravention depended entirely on the disputed credit claim, and the record showed departmental awareness of the availment. en-us Tue, 23 Oct 1990 00:00:00 +0530 Sat, 25 Jun 2011 13:33:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81468 Duty-paid stators and rotors used captively in electric fan manufacture were treated as eligible for proforma credit where the intermediate goods had already borne duty and the scheme of notifications allowed an assessee to choose between exemption and set-off. Credit could not be denied merely because another notification also exempted the intermediate goods when consumed within the factory. On that footing, the extended-period demand and penalties lacked support because the alleged contravention depended entirely on the disputed credit claim, and the record showed departmental awareness of the availment. Case-Laws Central Excise Tue, 23 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81468