https://www.taxtmi.com/caselaws?id=88912 Under the special procedure for captive yarn, duty on yarn was not extinguished but collected at the fabric stage, so the yarn value and related excise duty formed part of the fabrics' assessable value; the short levy demand was therefore upheld, and no prior modification of the approved price list was required. A notice initially framed under Rule 10A was not vitiated when its substance clearly disclosed recovery of short levy under Rule 10, so the demand remained valid. Limitation was governed by the rule in force when the notice issued, and the demand was time-barred except for the period covering 29 and 30 April 1977. en-us Mon, 29 Jun 1998 00:00:00 +0530 Thu, 22 Sep 2011 11:38:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88912 Under the special procedure for captive yarn, duty on yarn was not extinguished but collected at the fabric stage, so the yarn value and related excise duty formed part of the fabrics' assessable value; the short levy demand was therefore upheld, and no prior modification of the approved price list was required. A notice initially framed under Rule 10A was not vitiated when its substance clearly disclosed recovery of short levy under Rule 10, so the demand remained valid. Limitation was governed by the rule in force when the notice issued, and the demand was time-barred except for the period covering 29 and 30 April 1977. Case-Laws Central Excise Mon, 29 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88912