https://www.taxtmi.com/caselaws?id=112351 An exemption notification must be construed strictly, and a concessional small scale exemption conditioned on availment of specified Modvat credit cannot be claimed unless that condition is actually satisfied. Although polyester texturised yarn was brought within Notification No. 1/93-C.E. by amendment, the concessional rate still depended on credit under Rules 57A and 57Q. The appellants had only taken proforma credit under Rule 56A and had not availed the prescribed Modvat credit, so the condition for exemption was not met. The duty demand was therefore upheld and the exemption denied. en-us Thu, 15 Jul 2004 00:00:00 +0530 Fri, 27 Apr 2012 17:21:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112351 An exemption notification must be construed strictly, and a concessional small scale exemption conditioned on availment of specified Modvat credit cannot be claimed unless that condition is actually satisfied. Although polyester texturised yarn was brought within Notification No. 1/93-C.E. by amendment, the concessional rate still depended on credit under Rules 57A and 57Q. The appellants had only taken proforma credit under Rule 56A and had not availed the prescribed Modvat credit, so the condition for exemption was not met. The duty demand was therefore upheld and the exemption denied. Case-Laws Central Excise Thu, 15 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112351