https://www.taxtmi.com/caselaws?id=89373 Excise duty on yarn attaches when single ply yarn is manufactured if later doubling or multifolding does not create a new product; the Tribunal applied the Supreme Court ruling in Banswara Syntex and held that the duty event arises at manufacture of the single ply yarn, not at the later processing stage. The change from a specific rate to an ad valorem levy did not alter that principle. On that basis, the demand raised on doubled or multifolded yarn was not sustainable. en-us Fri, 18 Sep 1998 00:00:00 +0530 Mon, 26 Sep 2011 16:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89373 Excise duty on yarn attaches when single ply yarn is manufactured if later doubling or multifolding does not create a new product; the Tribunal applied the Supreme Court ruling in Banswara Syntex and held that the duty event arises at manufacture of the single ply yarn, not at the later processing stage. The change from a specific rate to an ad valorem levy did not alter that principle. On that basis, the demand raised on doubled or multifolded yarn was not sustainable. Case-Laws Central Excise Fri, 18 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89373