https://www.taxtmi.com/caselaws?id=34501 A mere change in nomenclature from Free Trade Zone to Special Economic Zone did not alter the substantive notified area or the exemption scheme for clearances to units located there. The credit-reversal requirement was read in harmony with the exemption provisions, and the later notification was treated as clarificatory, preserving continuity of benefit for supplies to the same notified area. On that basis, the clearance value was not subject to reversal of 8% of the goods cleared, and the exemption benefit remained available despite the zone's renamed status. en-us Thu, 23 Oct 2008 00:00:00 +0530 Mon, 07 Sep 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34501 A mere change in nomenclature from Free Trade Zone to Special Economic Zone did not alter the substantive notified area or the exemption scheme for clearances to units located there. The credit-reversal requirement was read in harmony with the exemption provisions, and the later notification was treated as clarificatory, preserving continuity of benefit for supplies to the same notified area. On that basis, the clearance value was not subject to reversal of 8% of the goods cleared, and the exemption benefit remained available despite the zone's renamed status. Case-Laws Central Excise Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34501