https://www.taxtmi.com/caselaws?id=81089 Independent manufacturing units operating on a principal-to-principal basis could not have their clearances clubbed merely because goods were manufactured for or sold on behalf of another unit; that component of the demand failed. Excise duty collected from loan licencees and retained by the assessee was includible in the value of clearances, and the extended period of limitation was sustainable for that undisclosed collection. The demand was therefore sustained only to the extent of the duty collections, with recomputation directed on that basis. en-us Mon, 19 Mar 1990 00:00:00 +0530 Wed, 22 Jun 2011 13:52:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81089 Independent manufacturing units operating on a principal-to-principal basis could not have their clearances clubbed merely because goods were manufactured for or sold on behalf of another unit; that component of the demand failed. Excise duty collected from loan licencees and retained by the assessee was includible in the value of clearances, and the extended period of limitation was sustainable for that undisclosed collection. The demand was therefore sustained only to the extent of the duty collections, with recomputation directed on that basis. Case-Laws Central Excise Mon, 19 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81089