https://www.taxtmi.com/caselaws?id=167613 Semi-processed grey art silk fabrics that had not reached the stage of excisability could not attract excise duty, and their alleged shortage during processing did not amount to a contravention under Rule 9(1) of the Central Excise Rules, 1944. R.G. 1 was meant for manufactured and fully finished goods, so there was no requirement to enter grey fabrics in that register alongside finished stock. The explanation that prescribed appendices and loss records were impracticable to maintain was accepted, particularly where the assessed loss was minimal at about 0.1%. The excise proceedings were therefore not sustainable against the assessee. en-us Wed, 24 Aug 1977 00:00:00 +0530 Fri, 26 Dec 2014 14:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167613 Semi-processed grey art silk fabrics that had not reached the stage of excisability could not attract excise duty, and their alleged shortage during processing did not amount to a contravention under Rule 9(1) of the Central Excise Rules, 1944. R.G. 1 was meant for manufactured and fully finished goods, so there was no requirement to enter grey fabrics in that register alongside finished stock. The explanation that prescribed appendices and loss records were impracticable to maintain was accepted, particularly where the assessed loss was minimal at about 0.1%. The excise proceedings were therefore not sustainable against the assessee. Case-Laws Central Excise Wed, 24 Aug 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167613