https://www.taxtmi.com/caselaws?id=51390 An exemption under Notification No. 5/99-C.E. could not be denied merely because the manufacturer availed Modvat credit on inputs in a different factory. The condition restricting credit was read factory-wise: it applied to goods covered by the exemption and other products manufactured in the same factory, not to credit taken in another unit of the same manufacturer. The Tribunal therefore treated the denial of exemption as unsustainable and held that the specified goods manufactured at the concerned factory remained eligible for the notification benefit, with the related demand and penalty set aside. en-us Mon, 15 Apr 2002 00:00:00 +0530 Fri, 24 Sep 2010 14:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51390 An exemption under Notification No. 5/99-C.E. could not be denied merely because the manufacturer availed Modvat credit on inputs in a different factory. The condition restricting credit was read factory-wise: it applied to goods covered by the exemption and other products manufactured in the same factory, not to credit taken in another unit of the same manufacturer. The Tribunal therefore treated the denial of exemption as unsustainable and held that the specified goods manufactured at the concerned factory remained eligible for the notification benefit, with the related demand and penalty set aside. Case-Laws Central Excise Mon, 15 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51390