https://www.taxtmi.com/caselaws?id=115423 A later exemption notification covering cotton yarn sent for conversion into plain straight reel hanks was treated as applicable, and the demands for March 1986 to June 1988 were set aside. A prevailing practice of clearing the goods without payment of duty was accepted as a basis for limitation, so the demands for May 1985 to December 1985 and the demand covered by the ninth show cause notice were held time-barred. The demand for January and February 1986 was treated as within time and upheld, but the duty required fresh computation and the matter was remanded for recomputation. The penalty was also set aside. en-us Fri, 25 Feb 2005 00:00:00 +0530 Tue, 29 May 2012 15:52:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115423 A later exemption notification covering cotton yarn sent for conversion into plain straight reel hanks was treated as applicable, and the demands for March 1986 to June 1988 were set aside. A prevailing practice of clearing the goods without payment of duty was accepted as a basis for limitation, so the demands for May 1985 to December 1985 and the demand covered by the ninth show cause notice were held time-barred. The demand for January and February 1986 was treated as within time and upheld, but the duty required fresh computation and the matter was remanded for recomputation. The penalty was also set aside. Case-Laws Central Excise Fri, 25 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115423