https://www.taxtmi.com/caselaws?id=81975 CEGAT held that video cassettes recorded by the appellants for supply to video libraries on rent were produced for commercial circulation and revenue generation, so the activity was an outright commercial transaction. On that basis, the benefit of proviso II to Notification No. 102/82 was unavailable, because the realised rental value was treated as sale price in a broader sense and the exemption was confined to non-commercial or excluded purposes. The cited authority on blank audio cassettes supplied by customers was distinguished, as it did not involve pre-recorded cassettes put into circulation for profit. en-us Mon, 08 Jul 1991 00:00:00 +0530 Fri, 01 Jul 2011 11:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81975 CEGAT held that video cassettes recorded by the appellants for supply to video libraries on rent were produced for commercial circulation and revenue generation, so the activity was an outright commercial transaction. On that basis, the benefit of proviso II to Notification No. 102/82 was unavailable, because the realised rental value was treated as sale price in a broader sense and the exemption was confined to non-commercial or excluded purposes. The cited authority on blank audio cassettes supplied by customers was distinguished, as it did not involve pre-recorded cassettes put into circulation for profit. Case-Laws Central Excise Mon, 08 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81975