https://www.taxtmi.com/caselaws?id=759851 Gujarat HC held that Notification No. 115/86-CE does not mandate maintaining charge-wise registers for claiming excise duty exemption on vegetable products using indigenous cotton seed oil. The court found that Explanation (4) provides assessee the option to calculate cotton seed oil usage either on individual charge basis or monthly basis. Since appellant filed refund claims monthly and used cotton seed oil exceeding 15% threshold, they were entitled to exemption benefits. The Tribunal erred in interpreting the notification to require mandatory charge-wise registers. Appeal allowed in favor of assessee. en-us Wed, 18 Sep 2024 00:00:00 +0530 Thu, 10 Oct 2024 08:27:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759851 Gujarat HC held that Notification No. 115/86-CE does not mandate maintaining charge-wise registers for claiming excise duty exemption on vegetable products using indigenous cotton seed oil. The court found that Explanation (4) provides assessee the option to calculate cotton seed oil usage either on individual charge basis or monthly basis. Since appellant filed refund claims monthly and used cotton seed oil exceeding 15% threshold, they were entitled to exemption benefits. The Tribunal erred in interpreting the notification to require mandatory charge-wise registers. Appeal allowed in favor of assessee. Case-Laws Central Excise Wed, 18 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759851