https://www.taxtmi.com/caselaws?id=80769 Approved price lists could not support a short-levy demand unless they were lawfully revised or modified; demands raised directly on unaltered approved lists were not enforceable. Proceedings validly started under Rule 10 before its repeal could continue, but a notice issued after repeal could not derive validity from the repealed rule and was invalid for that reason. Duty paid on yarn under the compounded levy scheme was includible in the assessable value of fabrics manufactured from that yarn, as the scheme did not create an exemption or amount to double taxation. The demands were ultimately set aside, although the yarn duty remained part of valuation. en-us Fri, 31 Aug 1990 00:00:00 +0530 Mon, 20 Jun 2011 12:23:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80769 Approved price lists could not support a short-levy demand unless they were lawfully revised or modified; demands raised directly on unaltered approved lists were not enforceable. Proceedings validly started under Rule 10 before its repeal could continue, but a notice issued after repeal could not derive validity from the repealed rule and was invalid for that reason. Duty paid on yarn under the compounded levy scheme was includible in the assessable value of fabrics manufactured from that yarn, as the scheme did not create an exemption or amount to double taxation. The demands were ultimately set aside, although the yarn duty remained part of valuation. Case-Laws Central Excise Fri, 31 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80769