https://www.taxtmi.com/caselaws?id=348978 Processed knitted fabrics were held entitled to exemption under Notification No. 14/2002-CE because Explanation II deemed textile yarns or fabrics to have been duty paid even without proof of actual payment. The condition requiring duty-paid inputs had to be read with that legal fiction, so exemption could not be denied merely because the grey fabrics were received from another unit under an exemption scheme. The reasoning followed the Larger Bench in Arvind Products Ltd. and the Supreme Court in Sports & Leisure Apparel Ltd., which gave full effect to the deeming provision. en-us Thu, 28 Sep 2017 00:00:00 +0530 Sat, 04 Nov 2017 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348978 Processed knitted fabrics were held entitled to exemption under Notification No. 14/2002-CE because Explanation II deemed textile yarns or fabrics to have been duty paid even without proof of actual payment. The condition requiring duty-paid inputs had to be read with that legal fiction, so exemption could not be denied merely because the grey fabrics were received from another unit under an exemption scheme. The reasoning followed the Larger Bench in Arvind Products Ltd. and the Supreme Court in Sports & Leisure Apparel Ltd., which gave full effect to the deeming provision. Case-Laws Central Excise Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348978