https://www.taxtmi.com/caselaws?id=31610 The Tribunal upheld the denial of exemption under notification No. 67 of 95 to appellants for using duty paid iron & steel products in manufacturing duty-free Railway wagons. Despite recognizing the injustice in imposing duty on scrap, the Tribunal ruled based on the absence of a specific exemption. The extended period of limitation for demand was not justified, penalties were set aside, but interest on duty for the normal limitation period was upheld. The appeal was partly allowed, with the demand amount for the normal period remanded for computation. en-us Wed, 16 Apr 2008 00:00:00 +0530 Fri, 28 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31610 The Tribunal upheld the denial of exemption under notification No. 67 of 95 to appellants for using duty paid iron & steel products in manufacturing duty-free Railway wagons. Despite recognizing the injustice in imposing duty on scrap, the Tribunal ruled based on the absence of a specific exemption. The extended period of limitation for demand was not justified, penalties were set aside, but interest on duty for the normal limitation period was upheld. The appeal was partly allowed, with the demand amount for the normal period remanded for computation. Case-Laws Central Excise Wed, 16 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31610