https://www.taxtmi.com/caselaws?id=86995 Exemption under Notification No. 74/62 was held available where duty-paid pig iron was used along with scrap in manufacturing the final products, because the notification did not expressly require exclusive use of old iron and steel scrap and ambiguity in an exemption provision was resolved in favour of the assessee. The demand was also held time-barred, as the notice was issued after undue delay and the extended period was not justified on the facts. The impugned order was set aside and the duty demand failed on both exemption and limitation grounds. en-us Mon, 26 May 1997 00:00:00 +0530 Mon, 29 Aug 2011 17:44:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86995 Exemption under Notification No. 74/62 was held available where duty-paid pig iron was used along with scrap in manufacturing the final products, because the notification did not expressly require exclusive use of old iron and steel scrap and ambiguity in an exemption provision was resolved in favour of the assessee. The demand was also held time-barred, as the notice was issued after undue delay and the extended period was not justified on the facts. The impugned order was set aside and the duty demand failed on both exemption and limitation grounds. Case-Laws Central Excise Mon, 26 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86995