https://www.taxtmi.com/caselaws?id=350017 Conditions attached to the area-based exemption under Notification No. 50/2003-CE were treated as substantive and mandatory, so the required option and declaration under Notification No. 76/2003 had to be filed for the benefit to apply; non-compliance disentitled the assessee from exemption and the duty demand was sustained. On penalty, the dispute over exemption conditions and the earlier reduction in appeal led the Tribunal to view the levy as excessive and reduce it to a token amount. en-us Mon, 04 Sep 2017 00:00:00 +0530 Mon, 30 Oct 2017 08:30:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350017 Conditions attached to the area-based exemption under Notification No. 50/2003-CE were treated as substantive and mandatory, so the required option and declaration under Notification No. 76/2003 had to be filed for the benefit to apply; non-compliance disentitled the assessee from exemption and the duty demand was sustained. On penalty, the dispute over exemption conditions and the earlier reduction in appeal led the Tribunal to view the levy as excessive and reduce it to a token amount. Case-Laws Central Excise Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350017