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3. After the limit of duty free clearances under Notification No. 105/80 has been crossed, the assessable value of the manufactured goods shall be determined in accordance with Section 4 of the Central Excise Act, and after including therein the value of the raw materials supplied to the petitioners to pay the full amount of excise duty on such excess clearances.

4. Petitioners to keep alive their existing Bank guarantee under the order of this Hon'ble Court dated June 29, 1982, until the disposal by the Supreme Court of India of Civil Appeal No. 1822 of 1982 in the case of Union of India v. Narendra Engineering Works. In the even of the Union of India succeeding in the said Appeal No. 1822 of 1982, and the judgment of this Court in the case of Narendra Engineering Works being reversed by the Supreme Court, the respondents shall be at liberty to enforce the said bank guarantee, after giving one week's notice to the petitioners. In the event of the said Appeal No. 1822 of 1982 being dismissed by the Supreme Court, the said Bank guarantee to stand discharged forthwith.