2002 (12) TMI 422 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of M/s. White-Way Products, Vadodara, a pharmaceutical manufacturer, stating that a loan licensee can avail exemption under Notification No. 1/93 without having their own manufacturing unit. The Tribunal agreed with the appellant's argument that the demand of Rs. 52,000 against them was not maintainable. The appeal was allowed, providing consequential relief to the appellant.