https://www.taxtmi.com/caselaws?id=41707 Duty paid on cotton yarn used captively in the manufacture of cotton fabrics under Rules 96V and 96W remained part of the assessable value under Section 4 of the Central Excises and Salt Act, 1944, because the special procedure for yarn used in the same factory did not displace the ordinary valuation rule. The valuation demand was therefore sustained against the assessee. Recovery of short-levied duty, however, was confined to the one-year limitation under Rule 10 read with Rule 173J of the Central Excise Rules, 1944, so demands relating to earlier periods were barred. The assessee obtained only partial relief on limitation. en-us Thu, 31 Oct 1985 00:00:00 +0530 Sat, 05 Jun 2010 15:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41707 Duty paid on cotton yarn used captively in the manufacture of cotton fabrics under Rules 96V and 96W remained part of the assessable value under Section 4 of the Central Excises and Salt Act, 1944, because the special procedure for yarn used in the same factory did not displace the ordinary valuation rule. The valuation demand was therefore sustained against the assessee. Recovery of short-levied duty, however, was confined to the one-year limitation under Rule 10 read with Rule 173J of the Central Excise Rules, 1944, so demands relating to earlier periods were barred. The assessee obtained only partial relief on limitation. Case-Laws Central Excise Thu, 31 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41707