https://www.taxtmi.com/caselaws?id=120317 The Appellate Tribunal CESTAT, CHENNAI ruled that the appellants, an EOU, were not eligible for exemption under specific Notifications due to failure to meet the ownership or lease requirement for the quarries as mandated by the Notifications. The Tribunal upheld the denial of exemption and imposition of penalty by the original authority, emphasizing strict interpretation of exemption Notifications. Despite no plea of financial hardships, the Tribunal directed the appellants to pre-deposit the duty amount within four weeks. The judgment stressed the necessity of adhering to the conditions outlined in exemption Notifications, particularly the ownership or lease basis for quarries to qualify for duty exemptions. en-us Thu, 02 Nov 2006 00:00:00 +0530 Wed, 18 Jul 2012 14:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120317 The Appellate Tribunal CESTAT, CHENNAI ruled that the appellants, an EOU, were not eligible for exemption under specific Notifications due to failure to meet the ownership or lease requirement for the quarries as mandated by the Notifications. The Tribunal upheld the denial of exemption and imposition of penalty by the original authority, emphasizing strict interpretation of exemption Notifications. Despite no plea of financial hardships, the Tribunal directed the appellants to pre-deposit the duty amount within four weeks. The judgment stressed the necessity of adhering to the conditions outlined in exemption Notifications, particularly the ownership or lease basis for quarries to qualify for duty exemptions. Case-Laws Central Excise Thu, 02 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120317