https://www.taxtmi.com/caselaws?id=88589 A small scale industry unit remained entitled to deemed credit benefit under Notification No. 1/93-C.E. even after its clearances crossed the Rs. 75 lakh limit, because the notification did not expressly cut off the benefit on that ground. The Tribunal followed earlier authority and a similar reference order, holding that the Revenue was seeking to read a restriction into the exemption notification that was not present in its plain terms. On that basis, it held that no referable question of law arose and rejected the reference application in favour of the assessee. en-us Mon, 16 Mar 1998 00:00:00 +0530 Mon, 19 Sep 2011 17:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88589 A small scale industry unit remained entitled to deemed credit benefit under Notification No. 1/93-C.E. even after its clearances crossed the Rs. 75 lakh limit, because the notification did not expressly cut off the benefit on that ground. The Tribunal followed earlier authority and a similar reference order, holding that the Revenue was seeking to read a restriction into the exemption notification that was not present in its plain terms. On that basis, it held that no referable question of law arose and rejected the reference application in favour of the assessee. Case-Laws Central Excise Mon, 16 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88589