https://www.taxtmi.com/caselaws?id=205426 Where exemption under a fiscal notification is conditional on compliance with a prescribed procedural scheme, that procedure cannot be treated as merely evidentiary or optional. The SC reiterated that Chapter X was intended to secure compliance with the statutory process and prevent diversion or misutilisation of excisable goods, so exemption is available only on satisfaction of the prescribed preconditions. Because the Tribunal had proceeded on the contrary footing and ignored the governing Constitution Bench law, its order could not stand. The matter was therefore set aside and remitted for fresh consideration in accordance with the correct legal standard. en-us Wed, 10 Aug 2011 00:00:00 +0530 Mon, 09 Jan 2012 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205426 Where exemption under a fiscal notification is conditional on compliance with a prescribed procedural scheme, that procedure cannot be treated as merely evidentiary or optional. The SC reiterated that Chapter X was intended to secure compliance with the statutory process and prevent diversion or misutilisation of excisable goods, so exemption is available only on satisfaction of the prescribed preconditions. Because the Tribunal had proceeded on the contrary footing and ignored the governing Constitution Bench law, its order could not stand. The matter was therefore set aside and remitted for fresh consideration in accordance with the correct legal standard. Case-Laws Central Excise Wed, 10 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205426