https://www.taxtmi.com/caselaws?id=1965 Rule 16 credit was not available to the appellants because they were not shown to be manufacturers receiving goods for re-making or similar purposes, and the same textile materials had already enjoyed transitional credit through the processor, making a second credit claim impermissible. The demand of duty and interest was therefore sustained and the credit claim rejected. Penalty on Pushpam Synthetics was, however, set aside because the dispute was interpretational, the record did not show mala fide intent, and duty had already been paid on the cleared product at an enhanced value. en-us Tue, 01 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1965 Rule 16 credit was not available to the appellants because they were not shown to be manufacturers receiving goods for re-making or similar purposes, and the same textile materials had already enjoyed transitional credit through the processor, making a second credit claim impermissible. The demand of duty and interest was therefore sustained and the credit claim rejected. Penalty on Pushpam Synthetics was, however, set aside because the dispute was interpretational, the record did not show mala fide intent, and duty had already been paid on the cleared product at an enhanced value. Case-Laws Central Excise Tue, 01 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1965