https://www.taxtmi.com/caselaws?id=110184 Doubling or multi-folding of single polyester yarn does not amount to manufacture for excise purposes, so no excise duty is leviable on polyester sewing thread produced by that process. The exemption claim based on the imported yarn having suffered additional customs duty equivalent to excise duty was also accepted, and the denial of exemption was unsustainable. The demand was treated as time-barred in light of the settled position prevailing at the relevant time that such processing was not manufacture. The duty demand and penalty could not be sustained, and the assessee obtained full relief. en-us Tue, 28 Oct 2003 00:00:00 +0530 Sat, 14 Apr 2012 11:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110184 Doubling or multi-folding of single polyester yarn does not amount to manufacture for excise purposes, so no excise duty is leviable on polyester sewing thread produced by that process. The exemption claim based on the imported yarn having suffered additional customs duty equivalent to excise duty was also accepted, and the denial of exemption was unsustainable. The demand was treated as time-barred in light of the settled position prevailing at the relevant time that such processing was not manufacture. The duty demand and penalty could not be sustained, and the assessee obtained full relief. Case-Laws Central Excise Tue, 28 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110184