https://www.taxtmi.com/caselaws?id=326165 Captively used moulds manufactured and consumed within the same factory remained eligible for the captive-consumption exemption, because the governing condition was in-factory use and not outward clearance or ownership. Duty could not be demanded merely because invoices were raised and payment received when the goods were not removed from the factory. As the duty demand on the moulds failed, the penalties based on that demand also could not survive. The separate issue relating to amortization cost was not decided on merits and was left undisturbed. en-us Thu, 11 Feb 2016 00:00:00 +0530 Fri, 08 Apr 2016 12:14:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326165 Captively used moulds manufactured and consumed within the same factory remained eligible for the captive-consumption exemption, because the governing condition was in-factory use and not outward clearance or ownership. Duty could not be demanded merely because invoices were raised and payment received when the goods were not removed from the factory. As the duty demand on the moulds failed, the penalties based on that demand also could not survive. The separate issue relating to amortization cost was not decided on merits and was left undisturbed. Case-Laws Central Excise Thu, 11 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326165