https://www.taxtmi.com/caselaws?id=172453 The tribunal concluded that the appellant's gold bars did not qualify for exemption under the cited notifications as the process of obtaining gold bars from anode slime and dore anode did not constitute "conversion" as required. It was determined that "dore anode" is a form of gold and should be classified as such under the Harmonized System of Nomenclature. Duty was decided to be levied at the stage of "dore anode" rather than on gold bars. The personal penalty imposed on the appellant under Section 11AC of the Central Excise Act was set aside due to a genuine dispute over the exemption notification interpretation. en-us Mon, 21 Aug 2006 00:00:00 +0530 Fri, 21 Aug 2015 17:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172453 The tribunal concluded that the appellant's gold bars did not qualify for exemption under the cited notifications as the process of obtaining gold bars from anode slime and dore anode did not constitute "conversion" as required. It was determined that "dore anode" is a form of gold and should be classified as such under the Harmonized System of Nomenclature. Duty was decided to be levied at the stage of "dore anode" rather than on gold bars. The personal penalty imposed on the appellant under Section 11AC of the Central Excise Act was set aside due to a genuine dispute over the exemption notification interpretation. Case-Laws Central Excise Mon, 21 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172453