https://www.taxtmi.com/caselaws?id=73854 Paper reel cores used on rewinding and cutting machines were held not to be component parts of paper for exemption under Notification No. 201/79. The expression "component part" was applied in its ordinary sense, requiring a constituent of the finished article, while paper manufacture was treated as complete when the paper emerged from the paper machine. Reeling and cutting were regarded as later marketing processes, and the reel core as packing material rather than part of the paper itself. The distinction from Section 4 valuation provisions was noted, and the double taxation argument was rejected because the levy concerned packing material used in relation to other excisable goods. en-us Tue, 10 May 1988 00:00:00 +0530 Fri, 03 Jun 2011 18:50:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73854 Paper reel cores used on rewinding and cutting machines were held not to be component parts of paper for exemption under Notification No. 201/79. The expression "component part" was applied in its ordinary sense, requiring a constituent of the finished article, while paper manufacture was treated as complete when the paper emerged from the paper machine. Reeling and cutting were regarded as later marketing processes, and the reel core as packing material rather than part of the paper itself. The distinction from Section 4 valuation provisions was noted, and the double taxation argument was rejected because the levy concerned packing material used in relation to other excisable goods. Case-Laws Central Excise Tue, 10 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73854