https://www.taxtmi.com/caselaws?id=166903 Exempted goods remain excisable goods because exemption from duty does not alter their statutory character under the Central Excises and Salt Act, 1944. On that basis, their value was includible in computing the annual clearance limit under Notification No. 176/77-C.E., and the assessee failed to satisfy the turnover and capital investment conditions for the exemption. The claimant also failed to prove that G.I. buckets were manufactured without the aid of power, as the affidavits were inconsistent with the factory evidence and the burden of proof lay on the assessee. The duty demand was sustained, the penalty was reduced, and confiscation of land, machinery and building was set aside. en-us Wed, 29 Feb 1984 00:00:00 +0530 Tue, 11 Nov 2014 17:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166903 Exempted goods remain excisable goods because exemption from duty does not alter their statutory character under the Central Excises and Salt Act, 1944. On that basis, their value was includible in computing the annual clearance limit under Notification No. 176/77-C.E., and the assessee failed to satisfy the turnover and capital investment conditions for the exemption. The claimant also failed to prove that G.I. buckets were manufactured without the aid of power, as the affidavits were inconsistent with the factory evidence and the burden of proof lay on the assessee. The duty demand was sustained, the penalty was reduced, and confiscation of land, machinery and building was set aside. Case-Laws Central Excise Wed, 29 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166903