https://www.taxtmi.com/caselaws?id=74073 Graphite flakes produced from graphite ore were covered by an unconditional central excise exemption for graphite as a natural black mineral, so duty could not be demanded on the notified product. Because the goods were wholly exempt, the manufacture did not attract the licensing requirement relied on, and the basis for penalty under the excise rules also fell away. The same exempt status was treated as defeating the separate licensing objection under Rule 174A. The result was that the duty demand and penalty were not sustainable. en-us Thu, 21 May 1987 00:00:00 +0530 Mon, 06 Jun 2011 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74073 Graphite flakes produced from graphite ore were covered by an unconditional central excise exemption for graphite as a natural black mineral, so duty could not be demanded on the notified product. Because the goods were wholly exempt, the manufacture did not attract the licensing requirement relied on, and the basis for penalty under the excise rules also fell away. The same exempt status was treated as defeating the separate licensing objection under Rule 174A. The result was that the duty demand and penalty were not sustainable. Case-Laws Central Excise Thu, 21 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74073