https://www.taxtmi.com/caselaws?id=167583 Reconditioning of old clutch release bearings was treated as repair rather than manufacture, so no central excise duty arose on the reconditioned bearings. The value of the Hub was excluded from the assessable value because the bearing was complete before fitting and the Hub retained a separate identity. New bearings manufactured without a licence remained liable to duty, while exemption under Notification No. 104/71 was stated to be available if its conditions were satisfied. The personal penalty was considered excessive and reduced. The commentary states the guiding principle that repair is not manufacture and valuation must exclude separately identifiable components not forming part of the manufactured goods. en-us Mon, 02 Feb 1976 00:00:00 +0530 Thu, 25 Dec 2014 14:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167583 Reconditioning of old clutch release bearings was treated as repair rather than manufacture, so no central excise duty arose on the reconditioned bearings. The value of the Hub was excluded from the assessable value because the bearing was complete before fitting and the Hub retained a separate identity. New bearings manufactured without a licence remained liable to duty, while exemption under Notification No. 104/71 was stated to be available if its conditions were satisfied. The personal penalty was considered excessive and reduced. The commentary states the guiding principle that repair is not manufacture and valuation must exclude separately identifiable components not forming part of the manufactured goods. Case-Laws Central Excise Mon, 02 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167583