https://www.taxtmi.com/caselaws?id=754431 Reprocessing waste oil into marketable base oil does not amount to manufacture under the deeming provision for lubricating oils and preparations, because that provision applies only to the goods and processes specifically covered. Consequently, the value of non-manufactured reprocessed oil clearances cannot be included in aggregate clearances for denying small-scale industry exemption. For limitation, the period covered by an interim court stay is excluded when calculating the time for issuing a demand notice; the demand was therefore treated as timely after excluding the stayed period. The principal levy on reprocessing was set aside, SSI exemption was available, and limited verification of lubricant clearances remained. en-us Mon, 15 Apr 2024 00:00:00 +0530 Mon, 24 Jun 2024 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754431 Reprocessing waste oil into marketable base oil does not amount to manufacture under the deeming provision for lubricating oils and preparations, because that provision applies only to the goods and processes specifically covered. Consequently, the value of non-manufactured reprocessed oil clearances cannot be included in aggregate clearances for denying small-scale industry exemption. For limitation, the period covered by an interim court stay is excluded when calculating the time for issuing a demand notice; the demand was therefore treated as timely after excluding the stayed period. The principal levy on reprocessing was set aside, SSI exemption was available, and limited verification of lubricant clearances remained. Case-Laws Central Excise Mon, 15 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754431