https://www.taxtmi.com/caselaws?id=120971 An exemption notification cannot be read more strictly than its text: where Notification No. 30/2004 required only that credit on inputs or capital goods had not been taken, the absence of duty on the inputs themselves could not be added as a further condition, so exemption was available at least prima facie. For the pre-09.07.2004 period, disclosure of denierage in RT-12 returns negatived suppression of facts, and the revenue's failure to verify the disclosed particulars weakened the basis for invoking the extended period. The appellant therefore showed a prima facie case for complete waiver of pre-deposit, and recovery was stayed pending disposal of the appeals. en-us Mon, 19 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 16:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120971 An exemption notification cannot be read more strictly than its text: where Notification No. 30/2004 required only that credit on inputs or capital goods had not been taken, the absence of duty on the inputs themselves could not be added as a further condition, so exemption was available at least prima facie. For the pre-09.07.2004 period, disclosure of denierage in RT-12 returns negatived suppression of facts, and the revenue's failure to verify the disclosed particulars weakened the basis for invoking the extended period. The appellant therefore showed a prima facie case for complete waiver of pre-deposit, and recovery was stayed pending disposal of the appeals. Case-Laws Central Excise Mon, 19 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120971