https://www.taxtmi.com/caselaws?id=48727 Notification No. 175/86 was read as a manufacturer-based exemption scheme, not as one that could be applied separately to different factories or product lines of the same business. The Tribunal treated the distinction between manufacturers who avail Modvat credit under Rule 57A and those who do not as controlling, and preferred a harmonious construction supported by contemporaneous departmental clarifications. Once a manufacturer avails Modvat credit for some specified goods, the reduced exemption level applies under the notification framework, so full exemption is not available for other specified goods cleared from the same factory. en-us Wed, 19 Jan 1994 00:00:00 +0530 Thu, 16 Nov 2023 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48727 Notification No. 175/86 was read as a manufacturer-based exemption scheme, not as one that could be applied separately to different factories or product lines of the same business. The Tribunal treated the distinction between manufacturers who avail Modvat credit under Rule 57A and those who do not as controlling, and preferred a harmonious construction supported by contemporaneous departmental clarifications. Once a manufacturer avails Modvat credit for some specified goods, the reduced exemption level applies under the notification framework, so full exemption is not available for other specified goods cleared from the same factory. Case-Laws Central Excise Wed, 19 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48727