https://www.taxtmi.com/caselaws?id=762826 CESTAT Chennai allowed the appeal, granting exemption under N/N. 67/1995-CE to the appellant for manufacturing tools used within the factory. The tribunal held that despite no physical removal of goods, tools manufactured and used within the same factory qualify for duty exemption as capital goods under the notification. Revenue's contention that sale constitutes constructive removal was rejected. The demand for duty, interest, and penalties was set aside, establishing that beneficial exemptions apply when goods remain within the manufacturing premises for internal use. en-us Fri, 06 Dec 2024 00:00:00 +0530 Mon, 09 Dec 2024 08:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762826 CESTAT Chennai allowed the appeal, granting exemption under N/N. 67/1995-CE to the appellant for manufacturing tools used within the factory. The tribunal held that despite no physical removal of goods, tools manufactured and used within the same factory qualify for duty exemption as capital goods under the notification. Revenue's contention that sale constitutes constructive removal was rejected. The demand for duty, interest, and penalties was set aside, establishing that beneficial exemptions apply when goods remain within the manufacturing premises for internal use. Case-Laws Central Excise Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762826