https://www.taxtmi.com/caselaws?id=167583 The Appellate Collector of Central Excise held that reconditioning old bearings does not amount to manufacturing new goods, exempting duty on reconditioned bearings. The cost of Hub should be excluded from the cost of bearings. The appellants were penalized for manufacturing new bearings without a license, with the penalty reduced to Rs. 100. Duty exemption on rolling bearings may be granted, and duty on reconditioned bearings will not be levied. 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 The Appellate Collector of Central Excise held that reconditioning old bearings does not amount to manufacturing new goods, exempting duty on reconditioned bearings. The cost of Hub should be excluded from the cost of bearings. The appellants were penalized for manufacturing new bearings without a license, with the penalty reduced to Rs. 100. Duty exemption on rolling bearings may be granted, and duty on reconditioned bearings will not be levied. Case-Laws Central Excise Mon, 02 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167583