https://www.taxtmi.com/caselaws?id=94490 Excise duty on single ply yarn attaches at the stage the yarn comes into existence as a fully manufactured excisable product, even if it is later doubled or multifolded for captive use in producing double or multifold yarn. Subsequent processing that does not create a new product does not shift the incidence of levy from the initial manufacturing stage. Earlier and later notifications affected only the permissibility of captive clearance during the relevant period and did not alter the statutory point of duty. The Tribunal was bound by Supreme Court authority on this principle, and the duty demand on single ply yarn for the disputed period was upheld. en-us Thu, 09 Dec 1999 00:00:00 +0530 Tue, 22 Nov 2011 18:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94490 Excise duty on single ply yarn attaches at the stage the yarn comes into existence as a fully manufactured excisable product, even if it is later doubled or multifolded for captive use in producing double or multifold yarn. Subsequent processing that does not create a new product does not shift the incidence of levy from the initial manufacturing stage. Earlier and later notifications affected only the permissibility of captive clearance during the relevant period and did not alter the statutory point of duty. The Tribunal was bound by Supreme Court authority on this principle, and the duty demand on single ply yarn for the disputed period was upheld. Case-Laws Central Excise Thu, 09 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94490