https://www.taxtmi.com/caselaws?id=89128 Cranes used in factory production or processing fall within the proviso excluding such machinery from Notification No. 118/75-C.E.; the exemption is therefore unavailable where binding precedent and materially similar goods support that classification. Suppression cannot be sustained where the classification claim and relevant facts were already disclosed to the department through provisional assessments and prior proceedings. Duty valuation requires limited reconsideration where interest paid was allegedly not excluded from the cost structure and no finding addressed that contention. The exemption claim fails, the suppression finding is set aside, and duty is recalculated on the valuation issue. en-us Wed, 23 Jul 1997 00:00:00 +0530 Fri, 23 Sep 2011 15:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89128 Cranes used in factory production or processing fall within the proviso excluding such machinery from Notification No. 118/75-C.E.; the exemption is therefore unavailable where binding precedent and materially similar goods support that classification. Suppression cannot be sustained where the classification claim and relevant facts were already disclosed to the department through provisional assessments and prior proceedings. Duty valuation requires limited reconsideration where interest paid was allegedly not excluded from the cost structure and no finding addressed that contention. The exemption claim fails, the suppression finding is set aside, and duty is recalculated on the valuation issue. Case-Laws Central Excise Wed, 23 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89128