https://www.taxtmi.com/caselaws?id=108668 Notification No. 217 of 1986-C.E. issued under Rule 8(1) was treated as covered by the Central Duties of Excise (Retrospective Exemption) Act, 1986 because it was issued within the statutory period and preserved the pre-1-3-1986 effective duty position. The retrospective exemption scheme was read as continuing the nil rate earlier available for captively consumed inputs under Notification No. 118 of 1975-C.E., even though the later notification did not expressly refer to the Finance Bill, 1986. The assessee was therefore entitled to exemption for the intervening period, and the duty demand could not be sustained. en-us Wed, 17 Oct 2001 00:00:00 +0530 Tue, 03 Apr 2012 12:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108668 Notification No. 217 of 1986-C.E. issued under Rule 8(1) was treated as covered by the Central Duties of Excise (Retrospective Exemption) Act, 1986 because it was issued within the statutory period and preserved the pre-1-3-1986 effective duty position. The retrospective exemption scheme was read as continuing the nil rate earlier available for captively consumed inputs under Notification No. 118 of 1975-C.E., even though the later notification did not expressly refer to the Finance Bill, 1986. The assessee was therefore entitled to exemption for the intervening period, and the duty demand could not be sustained. Case-Laws Central Excise Wed, 17 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108668