https://www.taxtmi.com/caselaws?id=90405 Clearance of yarn in straight reel hanks was considered against the exemption in Notification No. 131/77, with the key question being whether the exemption applied regardless of how the hanks came into existence. The exemption claim was rejected because conversion from bad bottoms to straight reel hanks was not treated as an intermediate stage that prevented duty from being demanded. The reasoning accepted that duty was exigible on yarn in straight reel hanks where no duty had been paid at any earlier stage before conversion, and the demand was sustained. en-us Mon, 14 Jul 1997 00:00:00 +0530 Fri, 07 Oct 2011 12:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90405 Clearance of yarn in straight reel hanks was considered against the exemption in Notification No. 131/77, with the key question being whether the exemption applied regardless of how the hanks came into existence. The exemption claim was rejected because conversion from bad bottoms to straight reel hanks was not treated as an intermediate stage that prevented duty from being demanded. The reasoning accepted that duty was exigible on yarn in straight reel hanks where no duty had been paid at any earlier stage before conversion, and the demand was sustained. Case-Laws Central Excise Mon, 14 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90405