C.C.E. Vs. M/s. Favourite Industries (Supreme Court)

Goods manufactured by EOU out of raw materials supplied another EOU and subsequently cleared to DTA – Eligible for benefit of Notification No. 8/97-CE – SC There is no ambiguity, whatsoever, in the Notification issued by the Central Government. The Notification speaks of finished goods produced or manufactured by a 100% EOU and if it is sold in a DTA, the said EOU can take the benefit of the Notification No.8/97-CE. An exemption notification has to be interpreted in the light of the words employed by it and not on any other basis: A provision especially a fiscal statute providing for a...