2015 (12) TMI 1157 - SCH - Central Excise

Benefit of Notification No. 1/95 dated 04.01.1995 - Held that - A reading of the notification makes it clear that the benefit thereof is available in respect of goods mentioned in Anenxure I and the items specified therein includes raw material as well as consumable goods - A finding of fact is arrived at by the Tribunal that the aforesaid inputs could be treated as consumables. On this finding of fact, benefit of the notification was rightly extended to the respondents. We, thus, do not find any merit in these appeals which are, accordingly, dismissed. - Decided against Revenue.

Summary

The Supreme Court upheld the decision to grant benefits of Notification No. 1/95 to a 100% EoU manufacturing glass sheets using specified inputs like furnace oil and diesel. The Tribunal's finding that these inputs could be treated as consumables supported the extension of the notification's benefits to the respondent, leading to the dismissal of the appeals.