https://www.taxtmi.com/caselaws?id=42286 Duty borne on captively consumed yarn was includible in the assessable value of fabric in a composite textile mill because the yarn duty formed part of the manufacturing cost of the finished product; the special yarn payment procedure did not exclude that duty from valuation. Proceedings started under omitted recovery rules did not survive after omission in the absence of a saving clause, as omission of a rule is not treated like repeal for preservation purposes. Where the alleged short levy fell within the specific recovery provision, that provision alone governed limitation and the residuary recovery rule could not be invoked. The recoverable demand was therefore confined to the applicable limitation period. en-us Sat, 05 Dec 1987 00:00:00 +0530 Thu, 10 Jun 2010 12:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42286 Duty borne on captively consumed yarn was includible in the assessable value of fabric in a composite textile mill because the yarn duty formed part of the manufacturing cost of the finished product; the special yarn payment procedure did not exclude that duty from valuation. Proceedings started under omitted recovery rules did not survive after omission in the absence of a saving clause, as omission of a rule is not treated like repeal for preservation purposes. Where the alleged short levy fell within the specific recovery provision, that provision alone governed limitation and the residuary recovery rule could not be invoked. The recoverable demand was therefore confined to the applicable limitation period. Case-Laws Central Excise Sat, 05 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42286