https://www.taxtmi.com/caselaws?id=43116 Work undertaken on scrap was not treated as exempt job work because the scrap had first to be melted and converted into specific alloys before wire manufacture, so the activity went beyond processing of supplied articles and amounted to manufacture of a new product. The exemption notification applied only to goods manufactured on job work, and that condition was not satisfied. For valuation, duty could not be confined to job charges alone because the assessee itself brought the raw material into existence from scrap and used that material in manufacture. The assessable value was therefore to include the value of materials used in the process, and the excise levy was sustained. en-us Wed, 13 Nov 1991 00:00:00 +0530 Wed, 16 Jun 2010 12:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43116 Work undertaken on scrap was not treated as exempt job work because the scrap had first to be melted and converted into specific alloys before wire manufacture, so the activity went beyond processing of supplied articles and amounted to manufacture of a new product. The exemption notification applied only to goods manufactured on job work, and that condition was not satisfied. For valuation, duty could not be confined to job charges alone because the assessee itself brought the raw material into existence from scrap and used that material in manufacture. The assessable value was therefore to include the value of materials used in the process, and the excise levy was sustained. Case-Laws Central Excise Wed, 13 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43116