https://www.taxtmi.com/caselaws?id=48151 The Supreme Court upheld the decision of the Tribunal in an appeal under Section 35L(b) of the Central Excise Act, 1944. The case involved the interpretation of Notification No. 5/99-C.E. regarding exemption benefits in factories owned by the same manufacturer. The Court agreed with the Tribunal that the manufacturer could avail MODVAT credit in one factory while claiming exemption in another, as long as the conditions of the notification were met. The appeal was dismissed, affirming the assessee's entitlement to the exemption benefits. en-us Wed, 03 May 2006 00:00:00 +0530 Sat, 19 Apr 2014 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48151 The Supreme Court upheld the decision of the Tribunal in an appeal under Section 35L(b) of the Central Excise Act, 1944. The case involved the interpretation of Notification No. 5/99-C.E. regarding exemption benefits in factories owned by the same manufacturer. The Court agreed with the Tribunal that the manufacturer could avail MODVAT credit in one factory while claiming exemption in another, as long as the conditions of the notification were met. The appeal was dismissed, affirming the assessee's entitlement to the exemption benefits. Case-Laws Central Excise Wed, 03 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48151