https://www.taxtmi.com/caselaws?id=73112 Molasses manufactured before 19 June 1980 and used in the same factory after that date remained covered by the exemption then in force, because excise liability is fixed at the time of manufacture. The later introduction of Item 15-CC of the Central Excise Tariff did not change the character of goods already produced during the exempt period. On that basis, the pre-19 June 1980 stock was not liable to central excise duty merely because it was consumed internally after the exemption had ended, and the demand could not be sustained. en-us Mon, 17 Feb 1986 00:00:00 +0530 Sat, 28 May 2011 11:07:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73112 Molasses manufactured before 19 June 1980 and used in the same factory after that date remained covered by the exemption then in force, because excise liability is fixed at the time of manufacture. The later introduction of Item 15-CC of the Central Excise Tariff did not change the character of goods already produced during the exempt period. On that basis, the pre-19 June 1980 stock was not liable to central excise duty merely because it was consumed internally after the exemption had ended, and the demand could not be sustained. Case-Laws Central Excise Mon, 17 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73112