https://www.taxtmi.com/caselaws?id=85387 The Tribunal determined that using salvaged diamonds in the manufacturing of new Rock Drilling bits constitutes manufacturing, impacting the assessable value. Consequently, the claim for refund related to this activity was deemed invalid. The decision upheld the ruling that fitting salvaged diamonds in old bits does not amount to manufacturing but distinguished it from using salvaged diamonds in the production of new bits, which falls under the manufacturing process affecting the assessable value. As a result, the appeal was dismissed. en-us Tue, 09 Jul 1996 00:00:00 +0530 Thu, 04 Aug 2011 16:43:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85387 The Tribunal determined that using salvaged diamonds in the manufacturing of new Rock Drilling bits constitutes manufacturing, impacting the assessable value. Consequently, the claim for refund related to this activity was deemed invalid. The decision upheld the ruling that fitting salvaged diamonds in old bits does not amount to manufacturing but distinguished it from using salvaged diamonds in the production of new bits, which falls under the manufacturing process affecting the assessable value. As a result, the appeal was dismissed. Case-Laws Central Excise Tue, 09 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85387