https://www.taxtmi.com/caselaws?id=212102 Notification No. 56/2002-C.E. was interpreted to allow exemption for an existing unit that had already completed substantial expansion and satisfied the employment condition before December 2006. Because duty on monthly clearances was payable in the following month, and the scheme required first adjustment of available Cenvat credit with cash payment only of the balance, the exemption could not be confined to clearances made after 11-12-2006. The benefit therefore applied for the entire month of December 2006, and the Revenue's challenge failed. en-us Wed, 17 Aug 2011 00:00:00 +0530 Thu, 12 Apr 2012 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212102 Notification No. 56/2002-C.E. was interpreted to allow exemption for an existing unit that had already completed substantial expansion and satisfied the employment condition before December 2006. Because duty on monthly clearances was payable in the following month, and the scheme required first adjustment of available Cenvat credit with cash payment only of the balance, the exemption could not be confined to clearances made after 11-12-2006. The benefit therefore applied for the entire month of December 2006, and the Revenue's challenge failed. Case-Laws Central Excise Wed, 17 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212102