https://www.taxtmi.com/caselaws?id=123608 Notification No. 67/95-C.E. allows exemption for an intermediate product captively consumed in manufacture, provided the manufacturer meets the Rule 6 obligations where exempted final goods are also cleared. For goods falling under Heading 22.04, that obligation is reversal or payment of the credit attributable to inputs used in the exempted final product. On the stated facts, the manufacturer had reversed the relevant credit during the material period, so the exemption remained available and the demand on molasses was not sustainable. en-us Tue, 26 Jun 2007 00:00:00 +0530 Thu, 14 Nov 2024 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123608 Notification No. 67/95-C.E. allows exemption for an intermediate product captively consumed in manufacture, provided the manufacturer meets the Rule 6 obligations where exempted final goods are also cleared. For goods falling under Heading 22.04, that obligation is reversal or payment of the credit attributable to inputs used in the exempted final product. On the stated facts, the manufacturer had reversed the relevant credit during the material period, so the exemption remained available and the demand on molasses was not sustainable. Case-Laws Central Excise Tue, 26 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123608