https://www.taxtmi.com/caselaws?id=115319 Exemption under Notification No. 1/93-C.E. could not be denied for clearances from one factory merely because the same manufacturer availed Modvat credit in another distinct factory. The notification was read as allowing clearances from one or more factories for computing the value of clearances, and that wording did not prohibit exemption in one unit alongside credit availment in another. Applying the earlier Tribunal view relied on in the discussion, the existence of Modvat credit in the second unit did not affect eligibility for exemption in the first unit, and the assessee was entitled to succeed. en-us Tue, 22 Mar 2005 00:00:00 +0530 Sat, 26 May 2012 10:45:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115319 Exemption under Notification No. 1/93-C.E. could not be denied for clearances from one factory merely because the same manufacturer availed Modvat credit in another distinct factory. The notification was read as allowing clearances from one or more factories for computing the value of clearances, and that wording did not prohibit exemption in one unit alongside credit availment in another. Applying the earlier Tribunal view relied on in the discussion, the existence of Modvat credit in the second unit did not affect eligibility for exemption in the first unit, and the assessee was entitled to succeed. Case-Laws Central Excise Tue, 22 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115319