https://www.taxtmi.com/caselaws?id=93860 Grey yarn could not be assessed to duty by adopting the value of dyed yarn, because dyed yarn had already been accepted as exempt under Notification No. 35/95-CE and its sale price was not relevant to valuing the raw material. The additional value attributable to dyeing could not be carried back into the assessable value of grey yarn, and exempt goods could not form the basis for differential duty on that footing. The direction to initiate proceedings for differential duty on the dyed yarn value was therefore held illegal and set aside. en-us Wed, 26 Apr 2000 00:00:00 +0530 Thu, 17 Nov 2011 13:44:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93860 Grey yarn could not be assessed to duty by adopting the value of dyed yarn, because dyed yarn had already been accepted as exempt under Notification No. 35/95-CE and its sale price was not relevant to valuing the raw material. The additional value attributable to dyeing could not be carried back into the assessable value of grey yarn, and exempt goods could not form the basis for differential duty on that footing. The direction to initiate proceedings for differential duty on the dyed yarn value was therefore held illegal and set aside. Case-Laws Central Excise Wed, 26 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93860