https://www.taxtmi.com/caselaws?id=46016 Fiscal exemption and amnesty benefits under Notification No. 203/92 depended on strict compliance with prescribed conditions. A prior reversal of Modvat credit made before the scheme began was not, by itself, disqualifying, but the benefit was unavailable because interest was not deposited within the stipulated time and no relaxation or extension was permitted. A further plea that inputs used in exempted exports could not be segregated was rejected because it was not raised before the lower authorities and could not be introduced at the appellate stage to defeat the notification conditions. The duty demand was therefore sustained. en-us Wed, 07 Nov 2001 00:00:00 +0530 Wed, 25 Jun 2014 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46016 Fiscal exemption and amnesty benefits under Notification No. 203/92 depended on strict compliance with prescribed conditions. A prior reversal of Modvat credit made before the scheme began was not, by itself, disqualifying, but the benefit was unavailable because interest was not deposited within the stipulated time and no relaxation or extension was permitted. A further plea that inputs used in exempted exports could not be segregated was rejected because it was not raised before the lower authorities and could not be introduced at the appellate stage to defeat the notification conditions. The duty demand was therefore sustained. Case-Laws Central Excise Wed, 07 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46016