https://www.taxtmi.com/caselaws?id=106601 Branded elastic tapes made to the specification of hosiery manufacturers for exclusive use in finished articles were not denied Small Scale Industry exemption merely because they bore the customer's brand name. The operative test was whether the goods were marketed and traded as branded goods in the open market; on the stated facts, they were manufactured only to order as components and not sold as standalone marketable goods. The brand-name restriction was therefore inapplicable, and the demand, penalty and interest were held unsustainable. en-us Thu, 18 Apr 2002 00:00:00 +0530 Fri, 16 Mar 2012 19:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106601 Branded elastic tapes made to the specification of hosiery manufacturers for exclusive use in finished articles were not denied Small Scale Industry exemption merely because they bore the customer's brand name. The operative test was whether the goods were marketed and traded as branded goods in the open market; on the stated facts, they were manufactured only to order as components and not sold as standalone marketable goods. The brand-name restriction was therefore inapplicable, and the demand, penalty and interest were held unsustainable. Case-Laws Central Excise Thu, 18 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106601