https://www.taxtmi.com/caselaws?id=236353 A clearance-based exemption notification was construed as operating up to the prescribed annual threshold, with duty payable only on clearances beyond that limit; it did not cancel exemption ab initio once the limit was crossed. Unrecorded fabric quantities found in contractors' registers, corroborated by statements, were treated as processed and cleared by the appellant, but the gain in length arising during stentering was held not dutiable because the process itself was exempt. The absence of such clearances from statutory records supported invocation of the extended limitation period and justified penalty liability, subject to re-quantification of duty and corresponding penalties. en-us Tue, 11 Dec 2012 00:00:00 +0530 Sat, 30 Aug 2014 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236353 A clearance-based exemption notification was construed as operating up to the prescribed annual threshold, with duty payable only on clearances beyond that limit; it did not cancel exemption ab initio once the limit was crossed. Unrecorded fabric quantities found in contractors' registers, corroborated by statements, were treated as processed and cleared by the appellant, but the gain in length arising during stentering was held not dutiable because the process itself was exempt. The absence of such clearances from statutory records supported invocation of the extended limitation period and justified penalty liability, subject to re-quantification of duty and corresponding penalties. Case-Laws Central Excise Tue, 11 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236353