https://www.taxtmi.com/caselaws?id=758065 The CESTAT Allahabad dismissed an appeal regarding exemption under Notification No.67/95-CE for plastic items manufactured on job work basis. The tribunal held that exemption applies only to goods produced in factory and used in manufacturing finished goods cleared on duty payment. The appellant's goods were finished goods, not intermediate products, thus exemption was unavailable. The tribunal distinguished cited precedents, noting they involved capital goods clearance rather than finished goods production. The demand for interest and penalty was upheld, and the original order was confirmed without infirmity. en-us Wed, 04 Sep 2024 00:00:00 +0530 Fri, 06 Sep 2024 12:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758065 The CESTAT Allahabad dismissed an appeal regarding exemption under Notification No.67/95-CE for plastic items manufactured on job work basis. The tribunal held that exemption applies only to goods produced in factory and used in manufacturing finished goods cleared on duty payment. The appellant's goods were finished goods, not intermediate products, thus exemption was unavailable. The tribunal distinguished cited precedents, noting they involved capital goods clearance rather than finished goods production. The demand for interest and penalty was upheld, and the original order was confirmed without infirmity. Case-Laws Central Excise Wed, 04 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758065