https://www.taxtmi.com/caselaws?id=336807 Clearances made under Chapter X against CT-2 certificates for export-related use are treated as supplies under bond, not as goods exempt from duty or chargeable at nil rate. On that basis, intermediate goods consumed in manufacturing the final product do not lose eligibility for exemption under Notification No. 67/95-CE merely because the final goods are cleared through the Chapter X procedure. The text states that this distinction preserves the exemption for the intermediate product and makes any duty demand on it unsustainable. en-us Tue, 20 Dec 2016 00:00:00 +0530 Sat, 07 Jan 2017 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336807 Clearances made under Chapter X against CT-2 certificates for export-related use are treated as supplies under bond, not as goods exempt from duty or chargeable at nil rate. On that basis, intermediate goods consumed in manufacturing the final product do not lose eligibility for exemption under Notification No. 67/95-CE merely because the final goods are cleared through the Chapter X procedure. The text states that this distinction preserves the exemption for the intermediate product and makes any duty demand on it unsustainable. Case-Laws Central Excise Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336807