https://www.taxtmi.com/caselaws?id=98871 Notification No. 1/93-C.E. was not an unconditional exemption up to the specified clearance limit because paragraph 3 imposed a further condition on the aggregate value of clearances of excisable goods consumed directly by the manufacturer or removed from the factory. As the assessee did not show compliance with that condition, the Modvat credit-based duty demand could not be treated as unsustainable on the ground that the exemption was absolute. The operative effect is that the exemption remained conditional, and the demand was not liable to be interfered with on that basis. en-us Thu, 23 Mar 2000 00:00:00 +0530 Tue, 24 Jan 2012 13:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98871 Notification No. 1/93-C.E. was not an unconditional exemption up to the specified clearance limit because paragraph 3 imposed a further condition on the aggregate value of clearances of excisable goods consumed directly by the manufacturer or removed from the factory. As the assessee did not show compliance with that condition, the Modvat credit-based duty demand could not be treated as unsustainable on the ground that the exemption was absolute. The operative effect is that the exemption remained conditional, and the demand was not liable to be interfered with on that basis. Case-Laws Central Excise Thu, 23 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98871