https://www.taxtmi.com/caselaws?id=778974 Processed crank shafts were treated as marketable manufactured goods and therefore liable to central excise duty, as the work on rough forgings produced items with the essential character of finished crank shafts and past clearances had been treated as dutiable. The job-work exemption under Notification No. 214/86-CE was unavailable because the prescribed declaration by the principal manufacturer had not been filed and the conditions of the notification were not fulfilled. On limitation and penalty, the material indicated no suppression or wilful misstatement with intent to evade duty, so the extended period and penalty were held not invocable. en-us Wed, 24 Sep 2025 00:00:00 +0530 Fri, 26 Sep 2025 08:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778974 Processed crank shafts were treated as marketable manufactured goods and therefore liable to central excise duty, as the work on rough forgings produced items with the essential character of finished crank shafts and past clearances had been treated as dutiable. The job-work exemption under Notification No. 214/86-CE was unavailable because the prescribed declaration by the principal manufacturer had not been filed and the conditions of the notification were not fulfilled. On limitation and penalty, the material indicated no suppression or wilful misstatement with intent to evade duty, so the extended period and penalty were held not invocable. Case-Laws Central Excise Wed, 24 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778974