https://www.taxtmi.com/caselaws?id=112049 Notification No. 202/88-C.E. exempted M.S. round bars manufactured from rollable or re-rollable material recognisable as duty paid. Railway auction material such as used rails, wheels and fish plates was treated as duty paid under the settled legal position, and that presumption applied to inputs purchased from railway auctions. On that basis, the exemption could not be denied merely because the raw material consisted of old and discarded railway scrap. The manufactured M.S. round bars therefore qualified for the notification, and the exemption was available. en-us Mon, 12 Jan 2004 00:00:00 +0530 Thu, 26 Apr 2012 13:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112049 Notification No. 202/88-C.E. exempted M.S. round bars manufactured from rollable or re-rollable material recognisable as duty paid. Railway auction material such as used rails, wheels and fish plates was treated as duty paid under the settled legal position, and that presumption applied to inputs purchased from railway auctions. On that basis, the exemption could not be denied merely because the raw material consisted of old and discarded railway scrap. The manufactured M.S. round bars therefore qualified for the notification, and the exemption was available. Case-Laws Central Excise Mon, 12 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112049