https://www.taxtmi.com/caselaws?id=153672 Concessional duty under the exemption notifications was available where duty-paid texturised yarn was the source input for dyed twisted yarn, even though an intermediate twisted yarn stage existed, because the exemption required manufacture out of duty-paid yarn and no Cenvat credit in the relevant process. The presence of an intermediate captive product did not break the chain of manufacture. On limitation, disclosure of the exemption claim in statutory records and absence of suppression or intent to evade duty meant the extended period could not be invoked. The duty demand and penalties were therefore unsustainable on both merits and limitation. en-us Wed, 01 Jul 2009 00:00:00 +0530 Fri, 26 Jul 2013 18:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153672 Concessional duty under the exemption notifications was available where duty-paid texturised yarn was the source input for dyed twisted yarn, even though an intermediate twisted yarn stage existed, because the exemption required manufacture out of duty-paid yarn and no Cenvat credit in the relevant process. The presence of an intermediate captive product did not break the chain of manufacture. On limitation, disclosure of the exemption claim in statutory records and absence of suppression or intent to evade duty meant the extended period could not be invoked. The duty demand and penalties were therefore unsustainable on both merits and limitation. Case-Laws Central Excise Wed, 01 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153672