https://www.taxtmi.com/caselaws?id=352671 Captively consumed intermediate goods used in manufacturing exempt final products may qualify for exemption under Notification No. 67/95-CE, even if the intermediates are not separately exempt under the notification applicable to the final goods. The Tribunal applied its earlier factually similar decision and the Supreme Court's interpretation of the exemption scheme and Rule 6 of the Cenvat Credit Rules, 2001 to hold that exemption cannot be denied merely on that basis. On that reasoning, duty demand and consequential penalties were held unsustainable, and the appeal succeeded with the impugned order set aside. en-us Thu, 02 Nov 2017 00:00:00 +0530 Wed, 20 Dec 2017 08:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352671 Captively consumed intermediate goods used in manufacturing exempt final products may qualify for exemption under Notification No. 67/95-CE, even if the intermediates are not separately exempt under the notification applicable to the final goods. The Tribunal applied its earlier factually similar decision and the Supreme Court's interpretation of the exemption scheme and Rule 6 of the Cenvat Credit Rules, 2001 to hold that exemption cannot be denied merely on that basis. On that reasoning, duty demand and consequential penalties were held unsustainable, and the appeal succeeded with the impugned order set aside. Case-Laws Central Excise Thu, 02 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352671