Manufacture defined: drawing wire from wire rod qualifies as manufacture under central excise due to revised tariff classification. The Board holds that drawing wire from wire rods amounts to manufacture under section 2(f) of the Central Excise Act. This conclusion rests on post-1988 tariff definitions that distinguish wires from rods, treating them as separate commodities; conversion of wire rods into wires therefore creates a new excisable product. Earlier appellate findings based on pre-HSN definitions do not prevail under the revised classification, and field formations and trade are to be informed of this position.
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Manufacture defined: drawing wire from wire rod qualifies as manufacture under central excise due to revised tariff classification.
The Board holds that drawing wire from wire rods amounts to manufacture under section 2(f) of the Central Excise Act. This conclusion rests on post-1988 tariff definitions that distinguish wires from rods, treating them as separate commodities; conversion of wire rods into wires therefore creates a new excisable product. Earlier appellate findings based on pre-HSN definitions do not prevail under the revised classification, and field formations and trade are to be informed of this position.
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