Content Provider | Supreme Court of India |
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e-ISSN | 30484839 |
Language | English |
Access Restriction | NDLI |
Subject Keyword | Land Acquisition Act 1894 |
Content Type | Text |
Resource Type | Law Judgement |
Jurisdiction | India |
Case Type | Appeal |
Court | Supreme Court of India |
Disposal Nature | Appeal Dismissed |
Headnote | Central Excise Tariff Act, l 985Central Excise Rules, l 944Scheduler/r.8-Specified inputs and finished products-Computation ofaggregate value-Notification No. l 75186 dated 1.3. 1986-Explanations II andIII-Exemption to Small Scale Industries Assessee, an SS! unit Manufacturingfinal products as also inputs for use in such final products-Computation ofaggregate value for levy of excise duty-Assessee contending that for thepurpose of computing aggregate value of clearances under the Notification,the clearances of excisable goods which are chargeable to 'nil' rate of dutyor which are exempted from the whole of duty of excise leviable thereon byany notification issued under sub-rule(l) of r.8, not lo be taken intoconsideration-Held, explanation !I excludes value of finished goods exemptedunder different Notifications, likewise value of inputs used for manufacture offinished goods are also excluded-Both being specified goods-Therefore,value of such inputs cannot be added for purpose of aggregate value-Assesseebenefit of Explanation Ill while computing aggregate value for purposes of availing exemption under the Notification. |
Judge | Hon'ble Mr. Justice S.S.M. Quadri |
Neutral Citation | 2003 INSC 163 |
Petitioner | Collector Of Central Excise, New Delhi |
Respondent | M/s. Universal Electrical Industries And Anr. |
SCR | [2003] 2 S.C.R. 920 |
Judgement Date | 2003-03-11 |
Case Number | 11441-11442 |
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