https://www.taxtmi.com/caselaws?id=101735 Used release paper transferred from one unit to another retained its identity as release paper and did not become waste paper merely because it was reused elsewhere. On those facts, no new excisable commodity emerged and the element of manufacture required for levy under Section 3 of the Central Excise Act, 1944 was absent. Once the duty demand failed, the related valuation exercise, interest, confiscation and penalties had no independent basis and could not survive. The conclusion stated that the demand and consequential directions were unsustainable and the appeals succeeded. en-us Fri, 01 Mar 2002 00:00:00 +0530 Fri, 10 Feb 2012 18:10:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101735 Used release paper transferred from one unit to another retained its identity as release paper and did not become waste paper merely because it was reused elsewhere. On those facts, no new excisable commodity emerged and the element of manufacture required for levy under Section 3 of the Central Excise Act, 1944 was absent. Once the duty demand failed, the related valuation exercise, interest, confiscation and penalties had no independent basis and could not survive. The conclusion stated that the demand and consequential directions were unsustainable and the appeals succeeded. Case-Laws Central Excise Fri, 01 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101735