Benefit of exemption notification only for goods covered in notification & cannot be extended to similar goods: SC

 Brief of the Case The Hon’ble Supreme Court in the case of M/s Larsen & Toubro Limited v CCE held that the particular product which has been manufactured by the assessee for captive consumption will only be considered for any kind of exemption if covered by any exemption notification. The assessee, on the manufacture of any other product which is very similar to that particular product will not be able to claim exemption as the exemption notification should be given strict interpretation. Facts of the Case The Assessee was constructing its own cement plant for which they required Concr...