https://www.taxtmi.com/caselaws?id=763555 Central excise liability on job-worked goods manufactured from raw material received under Rule 57-F(2) was discussed with emphasis on marketability, exigibility, and exemption conditions. The goods were treated as marketable and therefore exigible to excise duty, and that finding had attained finality. Exemption under Notification No. 214/86-CE was unavailable because the prescribed conditions were not proved on the evidence. A further claim for retrospective benefit of Notification No. 83/94-CE dated 11-4-1994 was rejected because exemption notifications must be strictly construed and cannot operate retrospectively unless the language expressly so provides. The duty demand was sustained and the exemption claim failed. en-us Thu, 12 Dec 2024 00:00:00 +0530 Sat, 21 Dec 2024 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763555 Central excise liability on job-worked goods manufactured from raw material received under Rule 57-F(2) was discussed with emphasis on marketability, exigibility, and exemption conditions. The goods were treated as marketable and therefore exigible to excise duty, and that finding had attained finality. Exemption under Notification No. 214/86-CE was unavailable because the prescribed conditions were not proved on the evidence. A further claim for retrospective benefit of Notification No. 83/94-CE dated 11-4-1994 was rejected because exemption notifications must be strictly construed and cannot operate retrospectively unless the language expressly so provides. The duty demand was sustained and the exemption claim failed. Case-Laws Central Excise Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763555