https://www.taxtmi.com/caselaws?id=194373 Conditional exemption under Notification No. 6/2002-CE for Low Sulphur Heavy Stock used in a thermal power plant applied only where the fuel was intended for generation of electrical energy by a qualifying electricity undertaking or a person holding the relevant licence or sanction during the disputed period. The text states that the beneficiaries did not satisfy those eligibility conditions, and that the later inclusion of "generating company" operated prospectively from 1 March 2003. It also notes that duty could be recovered from the buyer under the undertaking and Rule 6 of the 2001 Rules. On penalty, procurement through Annexure-I certificates and the interpretative nature of the dispute were said to negate intent to evade, so penalty was deleted. en-us Tue, 19 Aug 2008 00:00:00 +0530 Wed, 06 Sep 2017 10:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194373 Conditional exemption under Notification No. 6/2002-CE for Low Sulphur Heavy Stock used in a thermal power plant applied only where the fuel was intended for generation of electrical energy by a qualifying electricity undertaking or a person holding the relevant licence or sanction during the disputed period. The text states that the beneficiaries did not satisfy those eligibility conditions, and that the later inclusion of "generating company" operated prospectively from 1 March 2003. It also notes that duty could be recovered from the buyer under the undertaking and Rule 6 of the 2001 Rules. On penalty, procurement through Annexure-I certificates and the interpretative nature of the dispute were said to negate intent to evade, so penalty was deleted. Case-Laws Central Excise Tue, 19 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194373