https://www.taxtmi.com/caselaws?id=85620 Sequins manufactured from duty-paid PVC films were treated as eligible for exemption under Notification No. 53/88-C.E. because the films themselves were made from duty-paid PVC resin falling within the relevant tariff headings. The exemption condition was regarded as satisfied where the basic raw material used in the manufacture of the finished product was duty-paid, and the presence of an intermediate manufacturing stage did not defeat the claim. Departmental clarification and Tribunal precedent were relied on to support the view that exemption cannot be denied merely because the product passed through an intermediate form before becoming the final goods. en-us Thu, 18 Apr 1996 00:00:00 +0530 Sat, 06 Aug 2011 12:16:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85620 Sequins manufactured from duty-paid PVC films were treated as eligible for exemption under Notification No. 53/88-C.E. because the films themselves were made from duty-paid PVC resin falling within the relevant tariff headings. The exemption condition was regarded as satisfied where the basic raw material used in the manufacture of the finished product was duty-paid, and the presence of an intermediate manufacturing stage did not defeat the claim. Departmental clarification and Tribunal precedent were relied on to support the view that exemption cannot be denied merely because the product passed through an intermediate form before becoming the final goods. Case-Laws Central Excise Thu, 18 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85620