https://www.taxtmi.com/caselaws?id=166890 An exemption notification for motor vehicle parts was construed strictly and held confined to parts intended as original equipment; parts diverted for use in internal combustion engines cleared for sale did not retain the exemption. Duty demand under Rule 196 was treated as not time-barred, but the quantification had to be recalculated on the basis of the actual quantity accepted and prices prevailing at the time of removal. Penalty was set aside because the facts did not justify penal action, while confiscation of engines containing misused parts was sustained and confiscation of stock parts was displaced by duty recovery. en-us Tue, 21 Feb 1984 00:00:00 +0530 Tue, 11 Nov 2014 13:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166890 An exemption notification for motor vehicle parts was construed strictly and held confined to parts intended as original equipment; parts diverted for use in internal combustion engines cleared for sale did not retain the exemption. Duty demand under Rule 196 was treated as not time-barred, but the quantification had to be recalculated on the basis of the actual quantity accepted and prices prevailing at the time of removal. Penalty was set aside because the facts did not justify penal action, while confiscation of engines containing misused parts was sustained and confiscation of stock parts was displaced by duty recovery. Case-Laws Central Excise Tue, 21 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166890