https://www.taxtmi.com/caselaws?id=31257 Notification No. 108/95-C.E. was applied to supplies made to projects funded by the Asian Development Bank, because the Bank was treated as an international organisation for purposes of the notification. The notification's provisos were held to be procedural, dealing with certificate and compliance requirements, and could not be used to deny the substantive exemption where the underlying supply qualified. On that basis, the Rule 6 mechanism under the Cenvat Credit Rules, 2004 did not apply, and reversal of 10% of the clearance value was not sustainable. en-us Thu, 01 May 2008 00:00:00 +0530 Fri, 24 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31257 Notification No. 108/95-C.E. was applied to supplies made to projects funded by the Asian Development Bank, because the Bank was treated as an international organisation for purposes of the notification. The notification's provisos were held to be procedural, dealing with certificate and compliance requirements, and could not be used to deny the substantive exemption where the underlying supply qualified. On that basis, the Rule 6 mechanism under the Cenvat Credit Rules, 2004 did not apply, and reversal of 10% of the clearance value was not sustainable. Case-Laws Central Excise Thu, 01 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31257