https://www.taxtmi.com/caselaws?id=166085 Steel wire drawn from duty-paid wire rods was treated as a distinct excisable commodity because it had separate commercial identity, characteristics and use, and was separately named in the tariff; its value was therefore includible in aggregate clearances for small-scale exemption purposes, making the assessee ineligible for Notification No. 80/80-C.E. The benefit of Notification No. 206/63-C.E. was unavailable for the relevant period because wire rods were not covered as a source material during that period, and the later amendment did not operate retrospectively. Penalty under the Central Excise Rules, 1944 was set aside where clandestine removal was not established and substantial demand relief had already been granted. en-us Fri, 06 May 1983 00:00:00 +0530 Mon, 25 Aug 2014 14:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166085 Steel wire drawn from duty-paid wire rods was treated as a distinct excisable commodity because it had separate commercial identity, characteristics and use, and was separately named in the tariff; its value was therefore includible in aggregate clearances for small-scale exemption purposes, making the assessee ineligible for Notification No. 80/80-C.E. The benefit of Notification No. 206/63-C.E. was unavailable for the relevant period because wire rods were not covered as a source material during that period, and the later amendment did not operate retrospectively. Penalty under the Central Excise Rules, 1944 was set aside where clandestine removal was not established and substantial demand relief had already been granted. Case-Laws Central Excise Fri, 06 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166085