https://www.taxtmi.com/caselaws?id=97494 Single ply yarn was treated as a manufactured excisable product on which duty arose at the stage of manufacture. Its captively used doubling or multifolding did not amount to manufacture of a new product and did not defer the taxable event. The fact that the yarn was not cleared in single-ply form was immaterial because duty liability accrued when the single ply yarn came into existence. The applicable rate was therefore the rate in force on the date of manufacture, not the date of clearance of the processed yarn. The differential duty demand was upheld against the assessee. en-us Thu, 30 Mar 2000 00:00:00 +0530 Tue, 17 Jan 2012 10:23:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97494 Single ply yarn was treated as a manufactured excisable product on which duty arose at the stage of manufacture. Its captively used doubling or multifolding did not amount to manufacture of a new product and did not defer the taxable event. The fact that the yarn was not cleared in single-ply form was immaterial because duty liability accrued when the single ply yarn came into existence. The applicable rate was therefore the rate in force on the date of manufacture, not the date of clearance of the processed yarn. The differential duty demand was upheld against the assessee. Case-Laws Central Excise Thu, 30 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97494