https://www.taxtmi.com/caselaws?id=40112 Bleaching, dyeing, printing, sizing, mercerising and similar treatment of grey fabric was treated as manufacture because the processed fabric emerged with a distinct commercial identity, character and price structure. The 1980 amendment enlarging the definition of manufacture and the excise levy was sustained as within legislative competence under the excise entry, and alternatively under the residuary power. The additional duty regime was also held workable by reading the special duties statute with the central excise framework. Retrospective validation was not found to violate the freedom to trade. Assessable value had to include grey cloth value, processing charges, manufacturing profit and expenses, but not post-manufacturing trading profit. en-us Fri, 27 Jan 1989 00:00:00 +0530 Thu, 24 Jul 2014 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40112 Bleaching, dyeing, printing, sizing, mercerising and similar treatment of grey fabric was treated as manufacture because the processed fabric emerged with a distinct commercial identity, character and price structure. The 1980 amendment enlarging the definition of manufacture and the excise levy was sustained as within legislative competence under the excise entry, and alternatively under the residuary power. The additional duty regime was also held workable by reading the special duties statute with the central excise framework. Retrospective validation was not found to violate the freedom to trade. Assessable value had to include grey cloth value, processing charges, manufacturing profit and expenses, but not post-manufacturing trading profit. Case-Laws Central Excise Fri, 27 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40112