https://www.taxtmi.com/caselaws?id=97517 Rotors and stators manufactured as separate excisable goods remained liable to central excise duty even though they were captively used in making exempt power-driven pumps, because they were identifiable components of electric motors and not built in situ in the pumps. The valuation based on the assessee's own data with proportional loading of overheads was accepted as not shown to be infirm, and the duty demand was sustained. On the penalty aspect, the penal consequence was moderated in light of the facts, and the penalty was reduced from Rs. 50,000 to Rs. 20,000. en-us Wed, 03 May 2000 00:00:00 +0530 Tue, 17 Jan 2012 10:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97517 Rotors and stators manufactured as separate excisable goods remained liable to central excise duty even though they were captively used in making exempt power-driven pumps, because they were identifiable components of electric motors and not built in situ in the pumps. The valuation based on the assessee's own data with proportional loading of overheads was accepted as not shown to be infirm, and the duty demand was sustained. On the penalty aspect, the penal consequence was moderated in light of the facts, and the penalty was reduced from Rs. 50,000 to Rs. 20,000. Case-Laws Central Excise Wed, 03 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97517