https://www.taxtmi.com/caselaws?id=4122 Under Chapter X CT-2 procurement, duty is not recoverable from the recipient unit where furnace oil was obtained for the declared end-use, used accordingly, and no misdeclaration or diversion is shown. The bond stands discharged once the material reaches the intended purpose, and a later legal view that the item was not eligible as feedstock does not by itself create liability. A challenge to the reduced duty rate for the same period also fails where the principal demand is unsustainable on the underlying CT-2 procurement issue. en-us Fri, 01 Feb 2008 00:00:00 +0530 Thu, 22 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4122 Under Chapter X CT-2 procurement, duty is not recoverable from the recipient unit where furnace oil was obtained for the declared end-use, used accordingly, and no misdeclaration or diversion is shown. The bond stands discharged once the material reaches the intended purpose, and a later legal view that the item was not eligible as feedstock does not by itself create liability. A challenge to the reduced duty rate for the same period also fails where the principal demand is unsustainable on the underlying CT-2 procurement issue. Case-Laws Central Excise Fri, 01 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4122