Exemption eligibility for cold finished bright steel bars affirmed, clarifying they qualify for specified central excise relief. Cold rolled/cold formed/cold finished bars and rods commercially known as bright bars are eligible for benefit under the specified central excise notification. The manufacturing process-acid pickling, surface smoothing, lime neutralization, cold drawing through dies and final polishing/straightening-produces cold finished bright bars and does not amount to disqualifying further working; accordingly those bright bars qualify for the excise exemption.
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Provisions expressly mentioned in the judgment/order text.
Exemption eligibility for cold finished bright steel bars affirmed, clarifying they qualify for specified central excise relief.
Cold rolled/cold formed/cold finished bars and rods commercially known as bright bars are eligible for benefit under the specified central excise notification. The manufacturing process-acid pickling, surface smoothing, lime neutralization, cold drawing through dies and final polishing/straightening-produces cold finished bright bars and does not amount to disqualifying further working; accordingly those bright bars qualify for the excise exemption.
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