https://www.taxtmi.com/caselaws?id=44420 A retrospectively validated exemption notification must be applied according to its plain terms, and where it covers duty already paid on specified inputs used in manufacture, the assessee is entitled to the corresponding exemption. The Supreme Court held that the benefit extended to both excise duty and additional duty paid on inputs, because Section 2 of the Central Duties of Excise (Retrospective Exemption) Act, 1986 gave retrospective effect to the notification within the relevant period. The impugned demand was set aside to the extent necessary, and consequential refund followed subject to determination of the precise quantum by the Excise authorities. en-us Fri, 20 Dec 1996 00:00:00 +0530 Mon, 07 Jul 2014 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44420 A retrospectively validated exemption notification must be applied according to its plain terms, and where it covers duty already paid on specified inputs used in manufacture, the assessee is entitled to the corresponding exemption. The Supreme Court held that the benefit extended to both excise duty and additional duty paid on inputs, because Section 2 of the Central Duties of Excise (Retrospective Exemption) Act, 1986 gave retrospective effect to the notification within the relevant period. The impugned demand was set aside to the extent necessary, and consequential refund followed subject to determination of the precise quantum by the Excise authorities. Case-Laws Central Excise Fri, 20 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44420