https://www.taxtmi.com/caselaws?id=335497 Grey fabrics that remained grey after scouring were held not to become processed fabrics for the purpose of excluding deemed credit under Notification No. 29/96-C.E., because scouring was treated as a cleansing treatment and not further processing. The assessee therefore satisfied the notification conditions and was entitled to deemed credit. On valuation, where duty had already been discharged on the processed fabrics on the declared market price, supported by joint declarations and price lists, alleged additional processing charges did not attract separate central excise duty. The impugned order was set aside, the appeals were allowed, and consequential penalties were deleted. en-us Fri, 26 Aug 2016 00:00:00 +0530 Tue, 30 Jan 2018 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335497 Grey fabrics that remained grey after scouring were held not to become processed fabrics for the purpose of excluding deemed credit under Notification No. 29/96-C.E., because scouring was treated as a cleansing treatment and not further processing. The assessee therefore satisfied the notification conditions and was entitled to deemed credit. On valuation, where duty had already been discharged on the processed fabrics on the declared market price, supported by joint declarations and price lists, alleged additional processing charges did not attract separate central excise duty. The impugned order was set aside, the appeals were allowed, and consequential penalties were deleted. Case-Laws Central Excise Fri, 26 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335497