<h1>Slitting Jumbo Rolls of Laminated Films Not Considered Manufacturing, No Excise Duty Imposed, Rules Larger Bench.</h1> The case involved the assessee receiving duty-paid plastic laminated films in jumbo rolls and slitting them into smaller widths using a slitter-cum-rewinder machine. The core issue was whether this process constituted manufacturing, making the products liable for excise duty. The matter, initially ambiguous, was referred to the Larger Bench of the tribunal (CESTAT). After reviewing various Supreme Court decisions, the Larger Bench concluded that slitting and cutting the films into smaller rolls did not amount to manufacturing and thus were not subject to excise duty.