https://www.taxtmi.com/caselaws?id=244463 Eligibility for small scale exemption depended on segregating the value of aluminium circles from other clearances, and the available record was insufficient for a final computation, so the valuation and exemption issue was remanded for fresh adjudication. Duty already paid on captively consumed circles was held adjustable against any final liability if exemption for the finished utensils was denied. Penalty was set aside and the demand was confined to the normal limitation period because the dispute involved a bona fide interpretation of exemption and valuation provisions and no mala fides were shown. en-us Wed, 10 Jul 2013 00:00:00 +0530 Thu, 27 Feb 2014 06:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244463 Eligibility for small scale exemption depended on segregating the value of aluminium circles from other clearances, and the available record was insufficient for a final computation, so the valuation and exemption issue was remanded for fresh adjudication. Duty already paid on captively consumed circles was held adjustable against any final liability if exemption for the finished utensils was denied. Penalty was set aside and the demand was confined to the normal limitation period because the dispute involved a bona fide interpretation of exemption and valuation provisions and no mala fides were shown. Case-Laws Central Excise Wed, 10 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244463