https://www.taxtmi.com/caselaws?id=85208 Recovery of caprolactum did not amount to manufacture, so the product was not excisable or dutiable. Because duty itself was not attracted, no valuation adjustment by adding margin of profit under Rule 6(b)(2) of the Central Excise Valuation Rules could arise. The appellate order was therefore free from infirmity, and the assessee succeeded on the valuation issue as well as on the underlying duty question. en-us Tue, 12 Mar 1996 00:00:00 +0530 Wed, 03 Aug 2011 14:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85208 Recovery of caprolactum did not amount to manufacture, so the product was not excisable or dutiable. Because duty itself was not attracted, no valuation adjustment by adding margin of profit under Rule 6(b)(2) of the Central Excise Valuation Rules could arise. The appellate order was therefore free from infirmity, and the assessee succeeded on the valuation issue as well as on the underlying duty question. Case-Laws Central Excise Tue, 12 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85208