https://www.taxtmi.com/caselaws?id=91697 Notification No. 432/86-C.E. was construed as granting exemption to the extent of duty already paid on Napthalene used in manufacturing the final product, without any express or implied requirement of lot-wise or one-to-one correlation between each input quantity and the finished dye intermediates cleared from the factory. The interpretation was supported by Delhi High Court reasoning on similar notification language and by a Larger Bench view that such exemption provisions do not mandate exact correlation between inputs and output lots. On that basis, one-to-one correlation was held unnecessary, and the issue was decided in favour of the assessee. en-us Fri, 27 Nov 1998 00:00:00 +0530 Thu, 20 Oct 2011 12:47:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91697 Notification No. 432/86-C.E. was construed as granting exemption to the extent of duty already paid on Napthalene used in manufacturing the final product, without any express or implied requirement of lot-wise or one-to-one correlation between each input quantity and the finished dye intermediates cleared from the factory. The interpretation was supported by Delhi High Court reasoning on similar notification language and by a Larger Bench view that such exemption provisions do not mandate exact correlation between inputs and output lots. On that basis, one-to-one correlation was held unnecessary, and the issue was decided in favour of the assessee. Case-Laws Central Excise Fri, 27 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91697