https://www.taxtmi.com/caselaws?id=90932 Duty set-off under Notification No. 225/86-C.E. was held available for inputs used in goods exported under bond and later adjusted against duty on home clearances, because the notification did not require one-to-one correlation between specific inputs and final clearances. Exported goods were not treated as exempted or nil-rated goods, so the input credit could be utilised against duty on domestic clearances. The demand was also held time-barred, as the department knew the manufacturing activity, clearances, credit availment and utilisation from statutory records and returns, and there was no evidence of suppression or intent to evade duty. en-us Wed, 31 Mar 1999 00:00:00 +0530 Wed, 12 Oct 2011 16:22:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90932 Duty set-off under Notification No. 225/86-C.E. was held available for inputs used in goods exported under bond and later adjusted against duty on home clearances, because the notification did not require one-to-one correlation between specific inputs and final clearances. Exported goods were not treated as exempted or nil-rated goods, so the input credit could be utilised against duty on domestic clearances. The demand was also held time-barred, as the department knew the manufacturing activity, clearances, credit availment and utilisation from statutory records and returns, and there was no evidence of suppression or intent to evade duty. Case-Laws Central Excise Wed, 31 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90932