https://www.taxtmi.com/caselaws?id=111447 A compounded rubber product rolled into a sheet-like form was treated as a rubber product in the form of sheets for exemption under Serial No. 3 of Notification No. 18/95-C.E., because the manufacturing process produced a material matching that description. The condition that no Modvat credit under Rule 57A of the Central Excise Rules, 1944 had been taken on inputs used in manufacture was also satisfied. On that basis, the exemption was admissible and the duty demand and penalty were unsustainable; the impugned order was set aside and the appeal allowed. en-us Thu, 12 Feb 2004 00:00:00 +0530 Mon, 23 Apr 2012 15:56:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111447 A compounded rubber product rolled into a sheet-like form was treated as a rubber product in the form of sheets for exemption under Serial No. 3 of Notification No. 18/95-C.E., because the manufacturing process produced a material matching that description. The condition that no Modvat credit under Rule 57A of the Central Excise Rules, 1944 had been taken on inputs used in manufacture was also satisfied. On that basis, the exemption was admissible and the duty demand and penalty were unsustainable; the impugned order was set aside and the appeal allowed. Case-Laws Central Excise Thu, 12 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111447