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Manufacture - Gold bars manufactured from the stage of dore bar - “gold mud” having very low percentage of gold “as any form of gold” - The activity is amounts to manufacture. - Demand confirmed invoking extended period of limitation for the period where no exemption was available.

Central Excise
January 12, 2019

Manufacture - Gold bars manufactured from the stage of dore bar - “gold mud” having very low percentage of gold “as any form of gold” - The activity is amounts to manufacture. - Demand confirmed invoking extended period of limitation for the period where no exemption was available.

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