https://www.taxtmi.com/caselaws?id=125788 The Tribunal ruled in favor of M/s. Preet Pharma Pvt. Ltd., allowing them to avail SSI Exemption on PP Medicines manufactured for themselves and pay duty at full rate on goods manufactured for a loan licensee. The Tribunal upheld the Commissioner (Appeals) decision to permit the utilization of Cenvat credit on capital goods for duty payment on goods manufactured for the loan licensee, considering Preet Pharma as the manufacturer under Central Excise law. The appeal by the Revenue was rejected based on the manufacturer's status and duty payment criteria. en-us Tue, 13 Jan 2009 00:00:00 +0530 Wed, 02 Aug 2017 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125788 The Tribunal ruled in favor of M/s. Preet Pharma Pvt. Ltd., allowing them to avail SSI Exemption on PP Medicines manufactured for themselves and pay duty at full rate on goods manufactured for a loan licensee. The Tribunal upheld the Commissioner (Appeals) decision to permit the utilization of Cenvat credit on capital goods for duty payment on goods manufactured for the loan licensee, considering Preet Pharma as the manufacturer under Central Excise law. The appeal by the Revenue was rejected based on the manufacturer's status and duty payment criteria. Case-Laws Central Excise Tue, 13 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125788