https://www.taxtmi.com/caselaws?id=72135 Notification No. 176/77-C.E. was applied by treating job-work manufacture as clearance on behalf of the assessee where the raw materials were supplied by the assessee, the finished strips were sold for its account, and the commercial arrangement showed effective control; the job-work strips were therefore included in clearance value and the exemption failed because the aggregate exceeded the prescribed limit. The notification was confined to goods cleared for home consumption, so export clearances were excluded from the threshold. The notice was not time-barred because suppression and misdeclaration supported the extended limitation period, and no interference was warranted with the penalty and fine. The assessee was, however, entitled to seek consideration of its representation on duty computation. en-us Tue, 21 May 1985 00:00:00 +0530 Thu, 12 May 2011 14:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72135 Notification No. 176/77-C.E. was applied by treating job-work manufacture as clearance on behalf of the assessee where the raw materials were supplied by the assessee, the finished strips were sold for its account, and the commercial arrangement showed effective control; the job-work strips were therefore included in clearance value and the exemption failed because the aggregate exceeded the prescribed limit. The notification was confined to goods cleared for home consumption, so export clearances were excluded from the threshold. The notice was not time-barred because suppression and misdeclaration supported the extended limitation period, and no interference was warranted with the penalty and fine. The assessee was, however, entitled to seek consideration of its representation on duty computation. Case-Laws Central Excise Tue, 21 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72135