https://www.taxtmi.com/caselaws?id=167493 Exemption under Notification No. 42/74 applied to steel ingots manufactured from fresh unused duty-paid steel melting scrap, even though the scrap had been assessed under a higher excise classification. The notification was read by reference to the duty leviable on the scrap, not to classification under Item 26 alone, and the determining factor was proof that duty had in fact been paid. Departmental clarification supported this interpretation for scrap arising from products assessed under Item 26AA. Relief was therefore admissible to the extent of the correct duty relatable to the scrap used, with the refund quantum left for verification by the lower authorities. en-us Fri, 06 Apr 1984 00:00:00 +0530 Mon, 22 Dec 2014 14:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167493 Exemption under Notification No. 42/74 applied to steel ingots manufactured from fresh unused duty-paid steel melting scrap, even though the scrap had been assessed under a higher excise classification. The notification was read by reference to the duty leviable on the scrap, not to classification under Item 26 alone, and the determining factor was proof that duty had in fact been paid. Departmental clarification supported this interpretation for scrap arising from products assessed under Item 26AA. Relief was therefore admissible to the extent of the correct duty relatable to the scrap used, with the refund quantum left for verification by the lower authorities. Case-Laws Central Excise Fri, 06 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167493