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Case Law Details

Case Name : M/s. Usha Rectifier Corpn. (I) Ltd. Vs. Commissioner of Central Excise (Supreme Court of India)
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The Supreme Court last week dismissed the appeal of Usha Rectifier Corporation challenging the levy of central excise on products which were used for research and development. The company manufactures electronic equipment. It bought components and assembled them for R & D. The company argued that there was no manufacture of any product which was marketable and therefore it was not liable to pay excise duty. It further contended that the equipment were used within the factory and it was not taken out of factory gates. The item was dismantled within the factor

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