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2017 (8) TMI 1210 - AT - Central ExciseIntermediate goods - Compound rubber - captive consumption - benefit of N/N. 74/94 dated 28.3.1994 - Held that: - the Hon’ble Apex Court in the case of M/s. Ralson (India) Ltd. Versus Commissioner of Central Excise, Chandigarh-I [2015 (4) TMI 74 - SUPREME COURT], has held that in view of consistent policy of the Government, by granting exemption of compound rubber, withdrawal of exemption by N/N. 64/94 dated 1.3.1994 was an inadvertent error. That Government realizing this mistake had reintroduced exemption which had to be treated as correction / clarification having retrospective effect. Thus, it was held that for the interim period, the compound rubber was not exigible to duty - appeal dismissed - decided against Revenue.
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