https://www.taxtmi.com/caselaws?id=113616 Exemption under Notification No. 57/75 was denied because the claimant failed to strictly prove that the factory belonged to a State Government and that the relevant purpose had been declared by Parliament as incidental to governmental functions; temporary governmental management and reversion of assets were insufficient. Excise duty was held applicable on tram cars upon manufacture, since actual sale was not required where the goods were capable of sale. The valuation challenge also failed, as the assessable value could include normal profit under the valuation rules and the absence of a separate profit addition did not invalidate the department's assessment. en-us Fri, 17 Jan 1986 00:00:00 +0530 Mon, 07 May 2012 11:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113616 Exemption under Notification No. 57/75 was denied because the claimant failed to strictly prove that the factory belonged to a State Government and that the relevant purpose had been declared by Parliament as incidental to governmental functions; temporary governmental management and reversion of assets were insufficient. Excise duty was held applicable on tram cars upon manufacture, since actual sale was not required where the goods were capable of sale. The valuation challenge also failed, as the assessable value could include normal profit under the valuation rules and the absence of a separate profit addition did not invalidate the department's assessment. Case-Laws Central Excise Fri, 17 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113616