https://www.taxtmi.com/caselaws?id=44855 Stainless steel scrap generated in utensil manufacture had to be included in the computation of clearances under the exemption notification because the proviso excluded manufacturers whose preceding year clearances exceeded the prescribed limit. The Court applied the principle that goods do not cease to be excisable merely because an exemption notification removes them from duty, and the scrap remained relevant as tariff-covered goods. As a result, the scrap formed part of the clearance value and the challenge to denial of exemption failed. en-us Thu, 25 Aug 1994 00:00:00 +0530 Mon, 05 Jul 2010 11:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44855 Stainless steel scrap generated in utensil manufacture had to be included in the computation of clearances under the exemption notification because the proviso excluded manufacturers whose preceding year clearances exceeded the prescribed limit. The Court applied the principle that goods do not cease to be excisable merely because an exemption notification removes them from duty, and the scrap remained relevant as tariff-covered goods. As a result, the scrap formed part of the clearance value and the challenge to denial of exemption failed. Case-Laws Central Excise Thu, 25 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44855