https://www.taxtmi.com/caselaws?id=125259 Nylon Chips emerging in the manufacture of Nylon Filament Yarn were treated as dutiable, and the exemption under Notification No. 67/95-C.E. was unavailable; accordingly, the credit earlier reversed in relation to caprolactum had to be restored. For captively consumed chips, valuation could not be based mechanically on the sale price of cleared chips and had to be recomputed on the costing method, with the matter remanded for that purpose. Penalty was not sustained, while interest was confined to the duty finally re-determined on recomputation. en-us Mon, 29 Dec 2008 00:00:00 +0530 Mon, 22 Oct 2012 12:02:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125259 Nylon Chips emerging in the manufacture of Nylon Filament Yarn were treated as dutiable, and the exemption under Notification No. 67/95-C.E. was unavailable; accordingly, the credit earlier reversed in relation to caprolactum had to be restored. For captively consumed chips, valuation could not be based mechanically on the sale price of cleared chips and had to be recomputed on the costing method, with the matter remanded for that purpose. Penalty was not sustained, while interest was confined to the duty finally re-determined on recomputation. Case-Laws Central Excise Mon, 29 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125259