https://www.taxtmi.com/caselaws?id=416894 Industrial gases manufactured at Unit No. I were held to fall within the specific positive entry for industrial gases, so the general exclusion for inorganic chemicals did not defeat exemption under Notification No. 49/2003-CE. Dissolved acetylene gas manufactured at Unit No. II was held not to satisfy the cumulative conditions of the negative list under Notification No. 50/2003-CE, because it did not match the stipulated NIC sub-class. The result was that both units remained eligible for exemption, and the duty demand and consequential penalties did not survive. The governing principle applied was that a specific beneficial entry prevails over a general exclusion, and a negative-list exclusion operates only when all stated conditions are met. en-us Tue, 04 Jan 2022 00:00:00 +0530 Fri, 05 Aug 2022 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416894 Industrial gases manufactured at Unit No. I were held to fall within the specific positive entry for industrial gases, so the general exclusion for inorganic chemicals did not defeat exemption under Notification No. 49/2003-CE. Dissolved acetylene gas manufactured at Unit No. II was held not to satisfy the cumulative conditions of the negative list under Notification No. 50/2003-CE, because it did not match the stipulated NIC sub-class. The result was that both units remained eligible for exemption, and the duty demand and consequential penalties did not survive. The governing principle applied was that a specific beneficial entry prevails over a general exclusion, and a negative-list exclusion operates only when all stated conditions are met. Case-Laws Central Excise Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416894