https://www.taxtmi.com/caselaws?id=107358 Duty liability on trolleys manufactured by job workers remained with the actual manufacturer, so demand could not be fastened on the appellants for goods already covered by proceedings against the job workers. Valuation under section 4 had to proceed on wholesale price, not retail price, and the inclusion of the price of new tyres depended on verification of the actual sale practice and supporting documents. Excise-duty deduction and Modvat credit were limited to the excess-value computation after SSI exemption, while penalty under section 11AC and interest under section 11AB were unavailable for the relevant period because those provisions were not then in force; any penalty had to be reconsidered under rule 173Q after recomputation. en-us Wed, 15 Jan 2003 00:00:00 +0530 Wed, 21 Mar 2012 18:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107358 Duty liability on trolleys manufactured by job workers remained with the actual manufacturer, so demand could not be fastened on the appellants for goods already covered by proceedings against the job workers. Valuation under section 4 had to proceed on wholesale price, not retail price, and the inclusion of the price of new tyres depended on verification of the actual sale practice and supporting documents. Excise-duty deduction and Modvat credit were limited to the excess-value computation after SSI exemption, while penalty under section 11AC and interest under section 11AB were unavailable for the relevant period because those provisions were not then in force; any penalty had to be reconsidered under rule 173Q after recomputation. Case-Laws Central Excise Wed, 15 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107358