https://www.taxtmi.com/caselaws?id=92561 Compliance with an exemption notification was satisfied where yarn was paid for through demand drafts or pay orders procured against cheques drawn on the registered co-operative society's bank account. The Tribunal treated this as substantial compliance with the requirement that payment be made by cheque from the society's account, and held that the form of remittance did not defeat the exemption when the underlying source of funds was the society's account. Alleged subsequent transfer or sale of the yarn was not a condition in the notification and could not be imported to deny relief. The exemption was upheld and the demand and penalties were unsustainable. en-us Wed, 13 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 15:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92561 Compliance with an exemption notification was satisfied where yarn was paid for through demand drafts or pay orders procured against cheques drawn on the registered co-operative society's bank account. The Tribunal treated this as substantial compliance with the requirement that payment be made by cheque from the society's account, and held that the form of remittance did not defeat the exemption when the underlying source of funds was the society's account. Alleged subsequent transfer or sale of the yarn was not a condition in the notification and could not be imported to deny relief. The exemption was upheld and the demand and penalties were unsustainable. Case-Laws Central Excise Wed, 13 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92561