https://www.taxtmi.com/caselaws?id=46448 Steel ingots manufactured from cut pieces of bloom rendered into steel melting scrap qualified for exemption under Notification No. 53/64 because the notification covered fresh unused steel melting scrap on which duty had been paid under Item 26 of the First Schedule and no prior set-off had been taken. The Court treated the mutilated or truncated bloom, once converted into melting scrap and used in making steel ingots, as satisfying the notification's condition, relying on its earlier ruling in the same appellants' case. Exemption was therefore available to the extent of excise duty proved to have been paid on the melting scrap, and the disallowance was set aside. en-us Wed, 20 Nov 2002 00:00:00 +0530 Sat, 17 Jul 2010 18:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46448 Steel ingots manufactured from cut pieces of bloom rendered into steel melting scrap qualified for exemption under Notification No. 53/64 because the notification covered fresh unused steel melting scrap on which duty had been paid under Item 26 of the First Schedule and no prior set-off had been taken. The Court treated the mutilated or truncated bloom, once converted into melting scrap and used in making steel ingots, as satisfying the notification's condition, relying on its earlier ruling in the same appellants' case. Exemption was therefore available to the extent of excise duty proved to have been paid on the melting scrap, and the disallowance was set aside. Case-Laws Central Excise Wed, 20 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46448