https://www.taxtmi.com/caselaws?id=95621 Notification No. 60/88 exempted only authorised quantities of newsprint and required production of the relevant entitlement certificate within the prescribed period or a validly extended period. Failure to produce certificates in time, rejection of condonation, and reliance on certificates not issued to or covering the claimant precluded the exemption, reflecting strict compliance with fiscal exemption conditions. Clearances at a nil rate under the claimed exemption also required reversal of input credit. Monetary adjustment against modvat credit after a show cause notice, or refund-based relief without following the statutory refund procedure, was unavailable. The duty demand and penalty were upheld, and the appeal was dismissed. en-us Tue, 11 Apr 2000 00:00:00 +0530 Tue, 13 Dec 2011 17:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95621 Notification No. 60/88 exempted only authorised quantities of newsprint and required production of the relevant entitlement certificate within the prescribed period or a validly extended period. Failure to produce certificates in time, rejection of condonation, and reliance on certificates not issued to or covering the claimant precluded the exemption, reflecting strict compliance with fiscal exemption conditions. Clearances at a nil rate under the claimed exemption also required reversal of input credit. Monetary adjustment against modvat credit after a show cause notice, or refund-based relief without following the statutory refund procedure, was unavailable. The duty demand and penalty were upheld, and the appeal was dismissed. Case-Laws Central Excise Tue, 11 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95621