https://www.taxtmi.com/caselaws?id=54429 A conditional customs exemption must be applied strictly according to its express terms. Where Notification No. 15/1994-C.E. required that credit on inputs used in manufacture of the goods not be availed, imported goods could not qualify for the concessional excise rate used to compute additional customs duty if that condition was not satisfied. The earlier view that the benefit could still be granted because credit was not practically available was rejected as unsustainable. The exemption was therefore unavailable, and the denial of the benefit was restored. en-us Thu, 10 Feb 2005 00:00:00 +0530 Wed, 20 Oct 2010 10:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54429 A conditional customs exemption must be applied strictly according to its express terms. Where Notification No. 15/1994-C.E. required that credit on inputs used in manufacture of the goods not be availed, imported goods could not qualify for the concessional excise rate used to compute additional customs duty if that condition was not satisfied. The earlier view that the benefit could still be granted because credit was not practically available was rejected as unsustainable. The exemption was therefore unavailable, and the denial of the benefit was restored. Case-Laws Customs Thu, 10 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54429