https://www.taxtmi.com/caselaws?id=314242 TMT bars supplied for a specified mega power project against international competitive bidding were treated as eligible for central excise exemption under Notification No. 6/2006-CE. The Revenue's objection that project-import classification under Customs Notification No. 21/2002-Cus and the absence of Heading 9801 in the Central Excise Tariff defeated the claim was rejected, because Heading 9801 is a customs tariff entry and cannot control exemption for goods manufactured in India. Following earlier Tribunal decisions, the conditions for exemption were found satisfied, and the excise duty demand, interest, and penalty were not sustainable. en-us Tue, 30 May 2023 00:00:00 +0530 Mon, 27 May 2024 16:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314242 TMT bars supplied for a specified mega power project against international competitive bidding were treated as eligible for central excise exemption under Notification No. 6/2006-CE. The Revenue's objection that project-import classification under Customs Notification No. 21/2002-Cus and the absence of Heading 9801 in the Central Excise Tariff defeated the claim was rejected, because Heading 9801 is a customs tariff entry and cannot control exemption for goods manufactured in India. Following earlier Tribunal decisions, the conditions for exemption were found satisfied, and the excise duty demand, interest, and penalty were not sustainable. Case-Laws Central Excise Tue, 30 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314242