https://www.taxtmi.com/caselaws?id=74796 Under the Central Excise scheme, manufacture is the taxable event, but assessment and collection depend on the rate in force on the date of removal. Goods that were exempt when manufactured do not stop being excisable merely because of that exemption, so duty becomes payable if they are removed after the levy applies. Applying Rule 9A of the Central Excise Rules, 1944, the Tribunal treated the pre-budget stock as liable to duty at the removal rate and rejected duty-free clearance. en-us Tue, 09 May 1989 00:00:00 +0530 Sat, 11 Jun 2011 11:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74796 Under the Central Excise scheme, manufacture is the taxable event, but assessment and collection depend on the rate in force on the date of removal. Goods that were exempt when manufactured do not stop being excisable merely because of that exemption, so duty becomes payable if they are removed after the levy applies. Applying Rule 9A of the Central Excise Rules, 1944, the Tribunal treated the pre-budget stock as liable to duty at the removal rate and rejected duty-free clearance. Case-Laws Central Excise Tue, 09 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74796