https://www.taxtmi.com/caselaws?id=114472 An exemption under Notification No. 4/97-C.E. could not be denied for laminated HDPE woven fabrics absent positive evidence that Modvat credit had been taken on the inputs used for the specific seized goods; credit taken for other products was insufficient, so the duty demand, confiscation, and penalty were unsustainable. Alleged non-accountal in RG1 did not justify confiscation or penalty where the goods had already been accounted for as cleared for captive consumption and only the later statutory entry remained to be made; that was treated as an entry lapse, not substantive non-accountal. en-us Mon, 12 Jul 2004 00:00:00 +0530 Tue, 15 May 2012 18:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114472 An exemption under Notification No. 4/97-C.E. could not be denied for laminated HDPE woven fabrics absent positive evidence that Modvat credit had been taken on the inputs used for the specific seized goods; credit taken for other products was insufficient, so the duty demand, confiscation, and penalty were unsustainable. Alleged non-accountal in RG1 did not justify confiscation or penalty where the goods had already been accounted for as cleared for captive consumption and only the later statutory entry remained to be made; that was treated as an entry lapse, not substantive non-accountal. Case-Laws Central Excise Mon, 12 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114472