https://www.taxtmi.com/caselaws?id=30967 An exemption notification was construed to cover goods manufactured in a specified oil mill and solvent extraction industry without adding a requirement that the raw material must be wholly extracted in the assessee's own factory. On that reading, fatty acids and residues/by-products arising during refining of purchased crude oil were entitled to exemption, and duty on those by-products was not justified. Penalty was also held unsustainable because the duty had already been paid before the show cause notice, so the penal basis did not survive on the facts recorded. en-us Tue, 29 Jan 2008 00:00:00 +0530 Fri, 10 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30967 An exemption notification was construed to cover goods manufactured in a specified oil mill and solvent extraction industry without adding a requirement that the raw material must be wholly extracted in the assessee's own factory. On that reading, fatty acids and residues/by-products arising during refining of purchased crude oil were entitled to exemption, and duty on those by-products was not justified. Penalty was also held unsustainable because the duty had already been paid before the show cause notice, so the penal basis did not survive on the facts recorded. Case-Laws Central Excise Tue, 29 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30967