https://www.taxtmi.com/caselaws?id=116584 Duty could not be demanded on the assumed waste of base yarn arising during texturising where the authorities treated loss and waste as the same. The Tribunal noted that, on the facts found, the matter was covered by its earlier view that waste yarn remained exempt during the relevant period. As the alleged short levy rested only on exempt waste yarn, no excise duty demand could be sustained on that component, and the demand was set aside in favour of the assessee. en-us Tue, 13 Sep 2005 00:00:00 +0530 Wed, 13 Jun 2012 17:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116584 Duty could not be demanded on the assumed waste of base yarn arising during texturising where the authorities treated loss and waste as the same. The Tribunal noted that, on the facts found, the matter was covered by its earlier view that waste yarn remained exempt during the relevant period. As the alleged short levy rested only on exempt waste yarn, no excise duty demand could be sustained on that component, and the demand was set aside in favour of the assessee. Case-Laws Central Excise Tue, 13 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116584