https://www.taxtmi.com/caselaws?id=98688 A claim for exemption raised in a revised classification list under Notification No. 71/78 was treated as sufficient to support consequential refund relief, and approval of the list was regarded as relating back to the filing date. On that basis, a separate refund application was held unnecessary and the limitation objection was rejected, with refund entitlement recognised for the relevant period from the date of filing. For determining the exemption threshold, the assessable value had to be worked out under the governing statutory valuation provision, with reference to factory gate price where applicable. The valuation issue was therefore remitted for redetermination on that basis. en-us Wed, 12 Dec 1990 00:00:00 +0530 Sat, 21 Jan 2012 16:25:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98688 A claim for exemption raised in a revised classification list under Notification No. 71/78 was treated as sufficient to support consequential refund relief, and approval of the list was regarded as relating back to the filing date. On that basis, a separate refund application was held unnecessary and the limitation objection was rejected, with refund entitlement recognised for the relevant period from the date of filing. For determining the exemption threshold, the assessable value had to be worked out under the governing statutory valuation provision, with reference to factory gate price where applicable. The valuation issue was therefore remitted for redetermination on that basis. Case-Laws Central Excise Wed, 12 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98688