https://www.taxtmi.com/caselaws?id=165669 Circles made on job-work basis were includible in the exemption-limit computation because the manufacturer was the remover at the time of clearance. By contrast, circles consumed captively in making utensils could not be counted again in the value of the finished utensils, as that would create double counting; the captive-consumption component was therefore excluded. Where clearance dates were traceable from books and supporting records, duty could not be sustained under the residual provision invoked, and the correct charging basis depended on the identifiable clearances. Penalties under Rule 173Q were also found unwarranted because the manufacturing activity was disclosed, integrated, and bona fide, so the penalties were deleted. en-us Tue, 12 May 1981 00:00:00 +0530 Wed, 06 Aug 2014 12:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165669 Circles made on job-work basis were includible in the exemption-limit computation because the manufacturer was the remover at the time of clearance. By contrast, circles consumed captively in making utensils could not be counted again in the value of the finished utensils, as that would create double counting; the captive-consumption component was therefore excluded. Where clearance dates were traceable from books and supporting records, duty could not be sustained under the residual provision invoked, and the correct charging basis depended on the identifiable clearances. Penalties under Rule 173Q were also found unwarranted because the manufacturing activity was disclosed, integrated, and bona fide, so the penalties were deleted. Case-Laws Central Excise Tue, 12 May 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165669