https://www.taxtmi.com/caselaws?id=112505 Single cotton yarn captively consumed for manufacture of cabled, doubled and multi-folded yarn was exempt before 20-05-1994, became dutiable from 20-05-1994 to 10-08-1994 when the exemption was withdrawn, and regained exemption from 11-08-1994 under Notification No. 121/94. Duty therefore applied only for the intervening period, with re-quantification required after crediting duty already paid on the downstream yarn products. The penalty did not survive in view of the mixed duty outcome and the direction for fresh computation, and was set aside. en-us Mon, 05 Apr 2004 00:00:00 +0530 Mon, 30 Apr 2012 13:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112505 Single cotton yarn captively consumed for manufacture of cabled, doubled and multi-folded yarn was exempt before 20-05-1994, became dutiable from 20-05-1994 to 10-08-1994 when the exemption was withdrawn, and regained exemption from 11-08-1994 under Notification No. 121/94. Duty therefore applied only for the intervening period, with re-quantification required after crediting duty already paid on the downstream yarn products. The penalty did not survive in view of the mixed duty outcome and the direction for fresh computation, and was set aside. Case-Laws Central Excise Mon, 05 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112505