https://www.taxtmi.com/caselaws?id=40137 Excise duty is imposed on manufacture or production, but under the Central Excise scheme and Rule 9A the duty may be collected at the later stage of removal from the factory for administrative convenience. The taxable event remains manufacture, yet the applicable rate is the one in force on the date of removal unless the statute provides otherwise. Goods do not lose excisable character merely because they were exempt at the time of manufacture. On that basis, pre-budget stock was correctly subjected to duty at the removal-stage rate, and duty-free clearance was not available. en-us Fri, 28 Sep 1979 00:00:00 +0530 Mon, 04 Aug 2014 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40137 Excise duty is imposed on manufacture or production, but under the Central Excise scheme and Rule 9A the duty may be collected at the later stage of removal from the factory for administrative convenience. The taxable event remains manufacture, yet the applicable rate is the one in force on the date of removal unless the statute provides otherwise. Goods do not lose excisable character merely because they were exempt at the time of manufacture. On that basis, pre-budget stock was correctly subjected to duty at the removal-stage rate, and duty-free clearance was not available. Case-Laws Central Excise Fri, 28 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40137