https://www.taxtmi.com/caselaws?id=48734 An exemption notification that grants set-off of duty paid on inputs against duty on specified final products does not require batchwise one-to-one correlation unless the notification expressly so provides. Where the scheme operates by allowing the duty on inputs to be adjusted against duty on the final product, the absence of a separate credit-taking mechanism does not change the substance of the exemption or justify a strict lot-by-lot linkage. The Tribunal's earlier view was upheld, and the exemption could be availed on overall clearances without insisting on input-output correlation for each batch. en-us Thu, 17 Mar 1994 00:00:00 +0530 Thu, 16 Nov 2023 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48734 An exemption notification that grants set-off of duty paid on inputs against duty on specified final products does not require batchwise one-to-one correlation unless the notification expressly so provides. Where the scheme operates by allowing the duty on inputs to be adjusted against duty on the final product, the absence of a separate credit-taking mechanism does not change the substance of the exemption or justify a strict lot-by-lot linkage. The Tribunal's earlier view was upheld, and the exemption could be availed on overall clearances without insisting on input-output correlation for each batch. Case-Laws Central Excise Thu, 17 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48734