https://www.taxtmi.com/caselaws?id=110744 An exemption under Notification No. 9/99-C.E. became binding from the date the manufacturer exercised the option, and the notification expressly barred withdrawal for the remaining part of the financial year. The provision had to be construed strictly according to its plain language, so a manufacturer who opted in from 1-4-1999 remained governed by the notification for the whole financial year. A later declaration and payment of duty at the normal rate could not override that express restriction. The issue was accordingly decided in favour of the Revenue. en-us Fri, 07 Nov 2003 00:00:00 +0530 Wed, 18 Apr 2012 14:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110744 An exemption under Notification No. 9/99-C.E. became binding from the date the manufacturer exercised the option, and the notification expressly barred withdrawal for the remaining part of the financial year. The provision had to be construed strictly according to its plain language, so a manufacturer who opted in from 1-4-1999 remained governed by the notification for the whole financial year. A later declaration and payment of duty at the normal rate could not override that express restriction. The issue was accordingly decided in favour of the Revenue. Case-Laws Central Excise Fri, 07 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110744