https://www.taxtmi.com/caselaws?id=94685 Ferrous waste and scrap generated from CRCA sheets used to manufacture metal containers did not qualify for exemption under Notification No. 171/88 because the relevant condition was tied to the source material, not the finished containers; the exemption was therefore unavailable. Duty could not be recovered for the period covered by the approved classification list, but it became payable once that approval no longer governed the assessment. Penalty was set aside because the dispute concerned interpretation of the exemption notification and the surrounding circumstances did not justify penal action. en-us Tue, 18 Jan 2000 00:00:00 +0530 Sat, 03 Dec 2011 10:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94685 Ferrous waste and scrap generated from CRCA sheets used to manufacture metal containers did not qualify for exemption under Notification No. 171/88 because the relevant condition was tied to the source material, not the finished containers; the exemption was therefore unavailable. Duty could not be recovered for the period covered by the approved classification list, but it became payable once that approval no longer governed the assessment. Penalty was set aside because the dispute concerned interpretation of the exemption notification and the surrounding circumstances did not justify penal action. Case-Laws Central Excise Tue, 18 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94685