https://www.taxtmi.com/caselaws?id=50316 Rule 57CC of the Central Excise Rules, 1944 applied only where exempted goods were sold, because the provision required an amount equal to 8% of the price charged on clearance from the factory or similar sale channels. A transfer of exempted intermediate goods to another unit of the same manufacturer, without sale or consideration, did not satisfy that statutory condition. The definition of sale under the Central Excise Act supported this reading, and the fact that the goods remained available for use in manufacture of dutiable final products in the transferee unit meant there was no basis for further reversal of credit. Any independent computation on the buyer's sale price was therefore inapplicable. en-us Tue, 08 Aug 2000 00:00:00 +0530 Sat, 21 Aug 2010 10:57:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50316 Rule 57CC of the Central Excise Rules, 1944 applied only where exempted goods were sold, because the provision required an amount equal to 8% of the price charged on clearance from the factory or similar sale channels. A transfer of exempted intermediate goods to another unit of the same manufacturer, without sale or consideration, did not satisfy that statutory condition. The definition of sale under the Central Excise Act supported this reading, and the fact that the goods remained available for use in manufacture of dutiable final products in the transferee unit meant there was no basis for further reversal of credit. Any independent computation on the buyer's sale price was therefore inapplicable. Case-Laws Central Excise Tue, 08 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50316